Erik Gershwind - Nov 16, 2021 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
President and CEO, Director
Signature
/s/ Erik Gershwind
Stock symbol
MSM
Transactions as of
Nov 16, 2021
Transactions value $
$4,951,075
Form type
4
Date filed
11/18/2021, 09:28 AM
Previous filing
Nov 9, 2021
Next filing
Feb 4, 2022

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 $4.95M +84.1K +27.15% $58.90 394K Nov 16, 2021 Direct
holding MSM Class A Common Stock, $0.001 par value 162K Nov 16, 2021 See Footnote F1

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 Options (right to buy) Options Exercise $0 -84.1K -100% $0.00* 0 Nov 16, 2021 Class A Common Stock, $0.001 par value 84.1K $58.90 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of Class A Common Stock held by a trust, the beneficiaries of which are family members of the Reporting Person. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest therein.
F2 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F3 An option to purchase 84,059 shares of the Issuer's Common Stock was issued on October 19, 2015 to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 21,014 shares of Common Stock became exercisable on October 19, 2016, and 21,015 shares of Common Stock became exercisable on each of October 19, 2017, October 19, 2018 and October 19, 2019.