Douglas E. Jones - 05 Nov 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Douglas Jones
Issuer symbol
MSM
Transactions as of
05 Nov 2022
Net transactions value
-$217,039
Form type
4
Filing time
08 Nov 2022, 15:09:37 UTC
Previous filing
21 Oct 2022
Next filing
06 Feb 2023

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 +809 +46% $0.000000 2,552 05 Nov 2022 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +30 +1.2% $0.000000 2,583 05 Nov 2022 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability $27,275 -330 -13% $82.57 2,252 05 Nov 2022 Direct F2, F4
transaction MSM Class A Common Stock, $0.001 par value Award $0 +2,089 +93% $0.000000 4,341 06 Nov 2022 Direct F2, F5
transaction MSM Class A Common Stock, $0.001 par value Options Exercise +519 +12% 4,861 06 Nov 2022 Direct F2, F6
transaction MSM Class A Common Stock, $0.001 par value Tax liability $84,818 -1,027 -21% $82.57 3,833 06 Nov 2022 Direct F2, F7
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1,351 +35% $0.000000 5,184 06 Nov 2022 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +336 +6.5% $0.000000 5,520 06 Nov 2022 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability $54,810 -664 -12% $82.57 4,856 06 Nov 2022 Direct F2, F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1,379 +28% $0.000000 6,235 06 Nov 2022 Direct F1, F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +163 +2.6% $0.000000 6,399 06 Nov 2022 Direct F2, F3
transaction MSM Class A Common Stock, $0.001 par value Tax liability $50,136 -607 -9.5% $82.57 5,791 06 Nov 2022 Direct F2, F4
holding MSM Class A Common Stock, $0.001 par value 3,588 05 Nov 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 -809 -25% $0.000000 2,427 05 Nov 2022 Class A Common Stock, $0.001 par value 809 Direct F1, F8
transaction MSM Dividend Equivalent Units Options Exercise $0 -30 -2% $0.000000 1,464 05 Nov 2022 Class A Common Stock, $0.001 par value 30 Direct F3
transaction MSM Dividend Equivalent Units Options Exercise $0 -519 -50% $0.000000 519 06 Nov 2022 Class A Common Stock, $0.001 par value 519 Direct F6, F9
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1,351 -50% $0.000000 1,351 06 Nov 2022 Class A Common Stock, $0.001 par value 1,351 Direct F1, F10
transaction MSM Dividend Equivalent Units Options Exercise $0 -336 -23% $0.000000 1,128 06 Nov 2022 Class A Common Stock, $0.001 par value 336 Direct F3
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1,379 -33% $0.000000 2,758 06 Nov 2022 Class A Common Stock, $0.001 par value 1,379 Direct F1, F11
transaction MSM Dividend Equivalent Units Options Exercise $0 -163 -14% $0.000000 965 06 Nov 2022 Class A Common Stock, $0.001 par value 163 Direct F3
* 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 Represents the number of shares acquired upon vesting of previously awarded performance share units (PSUs) upon determination by the Compensation Committee of the satisfaction of the underlying performance criteria of such PSUs.
F6 The dividend equivalent units accrued with respect to outstanding awards of PSUs and vest at the same time(s) as the underlying PSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
F7 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of PSUs.
F8 3,236 RSUs were granted on November 5, 2021. 809 RSUs vested on November 5, 2022. 809 RSUs vest on each of November 5, 2023, November 5, 2024 and November 5, 2025, 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.
F9 Represents the number of dividend equivalent units with respect to the underlying award of PSUs.
F10 5,404 RSUs were granted on November 6, 2019. 1,351 RSUs vested on each of November 6, 2020, November 6, 2021 and November 6, 2022. 1,351 RSUs vest on November 6, 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.
F11 5,515 RSUs were granted on November 6, 2020. 1,378 RSUs vested on November 6, 2021, and 1,379 RSUs vested on November 6, 2022. 1,379 RSUs vest on each of November 6, 2023 and November 6, 2024, 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.