Kristen Actis-Grande - Nov 4, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 4, 2022
Transactions value $
-$61,682
Form type
4
Date filed
11/8/2022, 03:39 PM
Previous filing
Sep 2, 2022
Next filing
Sep 1, 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 +956 +43.2% $0.00 3.17K Nov 5, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +35.8 +1.13% $0.00 3.21K Nov 5, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$24.2K -293 -9.14% $82.57 2.91K Nov 5, 2022 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1.38K +47.36% $0.00 4.29K Nov 6, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +163 +3.8% $0.00 4.45K Nov 6, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$37.5K -454 -10.2% $82.57 4K Nov 6, 2022 Direct F3

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) Award $0 +4.54K $0.00 4.54K Nov 4, 2022 Class A Common Stock, $0.001 par value 4.54K Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -956 -24.99% $0.00 2.87K Nov 5, 2022 Class A Common Stock, $0.001 par value 956 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -35.8 -4.41% $0.00 777 Nov 5, 2022 Class A Common Stock, $0.001 par value 35.8 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1.38K -33.33% $0.00 2.76K Nov 6, 2022 Class A Common Stock, $0.001 par value 1.38K Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -163 -21% $0.00 614 Nov 6, 2022 Class A Common Stock, $0.001 par value 163 Direct F2
* 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 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.
F3 Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F4 4,541 RSUs were granted on November 4, 2022. 1,135 RSUs vest on each of November 4, 2023, November 4, 2024 and November 4, 2025, and 1,136 RSUs vest on November 4, 2026, 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.
F5 3,825 RSUs were granted on November 5, 2021. 956 RSUs vested November 5, 2022. 956 RSUs vest on each of November 5, 2023 and November 5, 2024, and 957 RSUs vest on 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.
F6 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.