Gregory Polli - 05 Nov 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: SVP, PRODUCT MANAGEMENT
Signature: /s/ Gregory Polli
Issuer symbol: MSM
Transactions as of: 05 Nov 2021
Net transactions value: -$41,817
Form type: 4
Filing time: 09 Nov 2021, 16:23:59 UTC
Previous filing: 28 Oct 2021
Next filing: 14 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+651	+6.5%	$0.000000	10,727	06 Nov 2021	Direct	F1, F2
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+132	+1.2%	$0.000000	10,860	06 Nov 2021	Direct	F2, F3
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$22,127	-260	-2.4%	$84.96	10,599	06 Nov 2021	Direct	F2, F4
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+664	+6.3%	$0.000000	11,263	06 Nov 2021	Direct	F1, F2
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+52	+0.46%	$0.000000	11,315	06 Nov 2021	Direct	F2, F3
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$19,690	-232	-2%	$84.96	11,083	06 Nov 2021	Direct	F2, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MSM	Restricted Stock Units (RSU)	Award	$0	+1,559		$0.000000	1,559	05 Nov 2021	Class A Common Stock, $0.001 par value	1,559		Direct	F1, F5
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-651	-33%	$0.000000	1,302	06 Nov 2021	Class A Common Stock, $0.001 par value	651		Direct	F1, F6
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-132	-15%	$0.000000	745	06 Nov 2021	Class A Common Stock, $0.001 par value	132		Direct	F3
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-664	-25%	$0.000000	1,993	06 Nov 2021	Class A Common Stock, $0.001 par value	664		Direct	F1, F7
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-52	-6.9%	$0.000000	693	06 Nov 2021	Class A Common Stock, $0.001 par value	52		Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each RSU represents a contingent right to receive one share of Common Stock.
F2	Includes shares acquired under the company's Associate Stock Purchase Plan.
F3	The dividend equivalent units accrued with respect to outstanding awards of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
F4	Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F5	1,559 RSUs were granted on November 5, 2021. 389 RSUs vest on November 5, 2022, and 390 RSUs vest on each of November 5, 2023, November 5, 2024 and November 5, 2025, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F6	651 of 2,604 RSUs granted on November 6, 2019 vested on each of November 6, 2020 and November 6, 2021. 651 RSUs vest on each of November 6, 2022 and November 6, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F7	664 of 2,657 RSUs granted on November 6, 2020 vested on November 6, 2021. 664 RSUs vest on each of November 6, 2022 and November 6, 2023, and 665 RSUs vest on November 6, 2024, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.