N. Baruch - Jan 25, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Steven Baruch
Stock symbol
MSM
Transactions as of
Jan 25, 2022
Transactions value $
-$1,404,547
Form type
4
Date filed
2/4/2022, 08:39 AM
Previous filing
Dec 21, 2021
Next filing
Apr 20, 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 $452K +5.52K +41.57% $81.76 18.8K Feb 2, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $569K +9.67K +51.39% $58.90 28.5K Feb 2, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$1.28M -15.2K -53.34% $83.95 13.3K Feb 2, 2022 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $90.8K +1.54K +11.61% $58.90 14.8K Feb 3, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$130K -1.54K -10.4% $84.00 13.3K Feb 3, 2022 Direct F1, F3

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 +141 +12.37% $0.00 1.28K Jan 25, 2022 Class A Common Stock, $0.001 par value 141 Direct F4
transaction MSM Options (right to buy) Options Exercise -$452K -5.52K -100% $81.76 0 Feb 2, 2022 Class A Common Stock, $0.001 par value 5.52K Direct F5, F6
transaction MSM Options (right to buy) Options Exercise -$569K -9.67K -86.24% $58.90 1.54K Feb 2, 2022 Class A Common Stock, $0.001 par value 9.67K Direct F5, F7
transaction MSM Options (right to buy) Options Exercise -$90.8K -1.54K -100% $58.90 0 Feb 3, 2022 Class A Common Stock, $0.001 par value 1.54K Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under the company's Associate Stock Purchase Plan.
F2 Represents the sale of 15,188 shares in 17 separate transactions, ranging from $83.90 to $84.17 per share, resulting in a weighted average sale price per share of $83.949128. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F3 Represents the sale of 1,542 shares in one transaction at $84.00 per share. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the shares sold.
F4 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.
F5 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F6 An option to purchase 5,523 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 1,380 shares of Common Stock became exercisable on October 23, 2014, and 1,381 shares of Common Stock became exercisable on each of October 23, 2015, October 23, 2016 and October 23, 2017.
F7 An option to purchase 11,207 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 2,801 shares of Common Stock became exercisable on October 19, 2016, and 2,802 shares of Common Stock became exercisable on each of October 19, 2017, October 19, 2018 and October 19, 2019.