Steven Paladino - Jan 29, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
Director
Signature
/s/ Steven Paladino
Stock symbol
MSM
Transactions as of
Jan 29, 2022
Transactions value $
$0
Form type
4
Date filed
2/1/2022, 10:47 AM
Previous filing
Jan 28, 2022
Next filing
Mar 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 +852 +10.33% 9.1K Jan 29, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise +105 +1.15% 9.21K Jan 29, 2022 Direct F2

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 (RSUs) Options Exercise $0 -852 -100% $0.00* 0 Jan 29, 2022 Class A Common Stock, $0.001 par value 852 Direct F1, F3
transaction MSM Dividend Equivalent Units Options Exercise $0 -105 -79.55% $0.00 27 Jan 29, 2022 Class A Common Stock, $0.001 par value 105 Direct F2
* 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 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.
F3 1,704 RSUs were granted on January 29, 2020. 852 RSUs vested on each of January 29, 2021 and January 29, 2022.