Erik Gershwind - 10 Nov 2020 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
President and CEO, Director
Signature
/s/ Erik Gershwind
Issuer symbol
MSM
Transactions as of
10 Nov 2020
Net transactions value
$0
Form type
4
Filing time
21 Dec 2021, 12:45:07 UTC
Next filing
01 Jul 2021
SEC
View on sec.gov

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 Dividend Equivalent Units Award $0 +729 +9.7% $0.000000 8,262 30 Nov 2021 Class A Common Stock, $0.001 par value 729 Direct F1
transaction MSM Class B Common Stock Gift $0 -8,693 -19% $0.000000 35,920 10 Nov 2020 Class A Common Stock, $0.001 par value 8,693 See Footnote F2, F3
transaction MSM Class B Common Stock Gift $0 +8,693 +9.7% $0.000000 98,033 10 Nov 2020 Class A Common Stock, $0.001 par value 8,693 See Footnote F2, F4
transaction MSM Class B Common Stock Gift $0 +1,949 +4.3% $0.000000 47,496 10 Nov 2020 Class A Common Stock, $0.001 par value 1,949 See Footnote F2, F5
transaction MSM Class B Common Stock Gift $0 -1,948 -5.4% $0.000000 33,972 10 Nov 2020 Class A Common Stock, $0.001 par value 1,948 See Footnote F2, F3
transaction MSM Class B Common Stock Gift $0 +1,948 +2% $0.000000 99,981 10 Nov 2020 Class A Common Stock, $0.001 par value 1,948 See Footnote F2, F4
transaction MSM Class B Common Stock Gift $0 +2,322 +4.9% $0.000000 49,818 13 Nov 2020 Class A Common Stock, $0.001 par value 2,322 See Footnote F2, F5
transaction MSM Class B Common Stock Gift $0 -2,321 -7.4% $0.000000 29,199 13 Nov 2020 Class A Common Stock, $0.001 par value 2,321 See Footnote F2, F3
transaction MSM Class B Common Stock Gift $0 +2,321 +2.3% $0.000000 102,302 13 Nov 2020 Class A Common Stock, $0.001 par value 2,321 See Footnote F2, F4
transaction MSM Class B Common Stock Gift $0 -6,689 -47% $0.000000 7,426 17 May 2021 Class A Common Stock, $0.001 par value 6,689 See Footnote F2, F3
transaction MSM Class B Common Stock Gift $0 +6,689 +6.5% $0.000000 108,991 17 May 2021 Class A Common Stock, $0.001 par value 6,689 See Footnote F2, F4
holding MSM Class B Common Stock 911,064 10 Nov 2020 Class A Common Stock, $0.001 par value 911,064 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The Class B Common Stock is convertible immediately on a one-for-one basis into shares of Class A Common Stock and does not expire.
F3 Represents shares of Class B Common Stock held in Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trusts, except to the extent of his pecuniary interest therein.
F4 Represents shares of Class B 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.
F5 Represents shares of Class B Common Stock held by a trust of which the Reporting Person is a beneficiary and co-trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by the trust, except to the extent of his pecuniary interest therein.
F6 Includes aggregate distributions of 45,450 shares of Class B Common Stock to Mr. Gershwind as annuity payments from Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.