Elizabeth Bledsoe - Jul 1, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Stock symbol
MSM
Transactions as of
Jul 1, 2022
Transactions value $
-$350,375
Form type
4
Date filed
7/6/2022, 01:41 PM
Previous filing
Feb 4, 2022
Next filing
Oct 19, 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 $155K +2.18K +120.04% $71.33 4K Jul 1, 2022 Direct
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $148K +2.52K +63.09% $58.90 6.52K Jul 1, 2022 Direct
transaction MSM Class A Common Stock, $0.001 par value Sale -$350K -4.7K -72.13% $74.53 1.82K Jul 1, 2022 Direct 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 -$155K -2.18K -100% $71.33 0 Jul 1, 2022 Class A Common Stock, $0.001 par value 2.18K Direct F2, F3
transaction MSM Options (right to buy) Options Exercise -$148K -2.52K -100% $58.90 0 Jul 1, 2022 Class A Common Stock, $0.001 par value 2.52K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of 4,701 shares in seven separate transactions, ranging from $74.48 to $74.56 per share, resulting in a weighted average sale price per share of $74.532019. 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.
F2 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F3 An option to purchase 2,180 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 545 shares of Common Stock became exercisable on October 26, 2017, October 26, 2018, October 26, 2019 and October 26, 2020.
F4 An option to purchase 2,521 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 630 shares of Common Stock became exercisable on October 19, 2016, October 19, 2017 and October 19, 2018. 631 shares of Common Stock became exercisable on October 19, 2019.