Erik Gershwind - Oct 27, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: President and CEO, Director
Signature: /s/ Erik Gershwind
Stock symbol: MSM
Transactions as of: Oct 27, 2022
Transactions value $: $5,182,766
Form type: 4
Date filed: 10/31/2022, 04:15 PM
Previous filing: Oct 21, 2022
Next filing: Nov 8, 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	$5.18M	+72.7K	+18.09%	$71.33	474K	Oct 27, 2022	Direct
holding	MSM	Class A Common Stock, $0.001 par value						162K	Oct 27, 2022	See Footnote	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	$0	-72.7K	-100%	$0.00^*	0	Oct 27, 2022	Class A Common Stock, $0.001 par value	72.7K	$71.33	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares of Class A Common Stock held by a trust, the beneficiaries of which are family members of the Reporting Person. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest therein.
F2	Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F3	An option to purchase 72,659 shares of the Issuer's Common Stock was issued on October 26, 2016 to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 18,164 shares of Common Stock became exercisable on October 26, 2017, and 18,165 shares of Common Stock became exercisable on each of October 26, 2018, October 26, 2019 and October 26, 2020.