E. Douglas Jones - Oct 17, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: EVP, Chief Supply Chain
Signature: /s/ Douglas Jones
Stock symbol: MSM
Transactions as of: Oct 17, 2022
Transactions value $: -$28,368
Form type: 4
Date filed: 10/19/2022, 05:58 PM
Previous filing: Aug 17, 2022
Next filing: Oct 21, 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	$0	+727	+128.9%	$0.00	1.29K	Oct 17, 2022	Direct	F1, F2
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+212	+16.38%	$0.00	1.5K	Oct 17, 2022	Direct	F2, F3
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$28.4K	-370	-24.59%	$76.77	1.13K	Oct 17, 2022	Direct	F2, F4
holding	MSM	Class A Common Stock, $0.001 par value						3.59K	Oct 17, 2022	By 401(k) plan

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 (RSU)	Options Exercise	$0	-727	-50%	$0.00	727	Oct 17, 2022	Class A Common Stock, $0.001 par value	727		Direct	F1, F5
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-212	-10.84%	$0.00	1.74K	Oct 17, 2022	Class A Common Stock, $0.001 par value	212		Direct	F3, F6

* 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	Includes shares acquired under the company's Associate Stock Purchase Plan.
F3	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.
F4	Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F5	3,635 RSUs were granted on October 17, 2018. 727 RSUs vested on October 17, 2019, October 17, 2020, October 17, 2021 and October 17, 2022. 727 RSUs vest on October 17, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F6	Includes 123.997 dividend equivalent units accrued on April 26, 2022 and 133.595 dividend equivalent units accrued on July 26, 2022 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock. The prior filing on Reporting Date January 25, 2022 inadvertently overstated the Number of Derivative Securities Acquired for Dividend Equivalent Units and has been corrected.