N. Baruch - Aug 10, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
EVP, STRATEGY & MARKETING
Signature
/s/ Steven Baruch
Stock symbol
MSM
Transactions as of
Aug 10, 2022
Transactions value $
-$1,747,831
Form type
4
Date filed
8/12/2022, 02:41 PM
Previous filing
Aug 9, 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 $799K +9.61K +75.64% $83.21 22.3K Aug 10, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$811K -9.61K -43.07% $84.37 12.7K Aug 10, 2022 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $428K +6K +47.21% $71.33 18.7K Aug 11, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$510K -6K -32.07% $85.00 12.7K Aug 11, 2022 Direct F1, F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $357K +5K +39.36% $71.33 17.7K Aug 11, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$428K -5K -28.25% $85.50 12.7K Aug 11, 2022 Direct F1, F4

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 -$799K -9.61K -75% $83.21 3.2K Aug 10, 2022 Class A Common Stock, $0.001 par value 9.61K Direct F5, F6
transaction MSM Options (right to buy) Options Exercise -$428K -6K -54.53% $71.33 5K Aug 11, 2022 Class A Common Stock, $0.001 par value 6K Direct F5, F7
transaction MSM Options (right to buy) Options Exercise -$357K -5K -100% $71.33 0 Aug 11, 2022 Class A Common Stock, $0.001 par value 5K 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 9,608 shares in 50 separate transactions ranging from $84.13 to $84.815 per share, resulting in a weighted average sale price per share of $84.374607. 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 5,996 shares in one transaction at $85.00 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 number of shares sold.
F4 Represents the sale of 5,000 shares in one transaction at $85.50 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 number of shares sold.
F5 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F6 An option to purchase 12,811 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 3,202 shares of Common Stock became exercisable on October 17, 2019, and 3,203 shares of Common Stock became exercisable on each of October 17, 2020 and October 17, 2021. 3,203 shares of Common Stock will become exercisable on October 17, 2022 provided that the Reporting Person remains continuously employed by the Issuer through the vesting date.
F7 An option to purchase 10,996 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 2,749 shares of Common Stock became exercisable on each of October 26, 2017, October 26, 2018, October 26, 2019 and October 26, 2020.