Erik Gershwind - Nov 4, 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
Nov 4, 2022
Transactions value $
$0
Form type
4
Date filed
11/8/2022, 05:22 PM
Previous filing
Oct 31, 2022
Next filing
Nov 23, 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 +4.78K +1.01% $0.00 479K Nov 5, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +179 +0.04% $0.00 479K Nov 5, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Award $0 +12.3K +2.58% $0.00 492K Nov 6, 2022 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise +3.07K +0.62% 495K Nov 6, 2022 Direct F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +7.98K +1.61% $0.00 503K Nov 6, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +1.98K +0.39% $0.00 505K Nov 6, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +8.15K +1.61% $0.00 513K Nov 6, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +964 +0.19% $0.00 514K Nov 6, 2022 Direct F2
holding MSM Class A Common Stock, $0.001 par value 162K Nov 4, 2022 See Footnote F5

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 +19.7K $0.00 19.7K Nov 4, 2022 Class A Common Stock, $0.001 par value 19.7K Direct F1, F6
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -4.78K -25% $0.00 14.3K Nov 5, 2022 Class A Common Stock, $0.001 par value 4.78K Direct F1, F7
transaction MSM Dividend Equivalent Units Options Exercise $0 -179 -2.1% $0.00 8.36K Nov 5, 2022 Class A Common Stock, $0.001 par value 179 Direct F2
transaction MSM Dividend Equivalent Units Options Exercise $0 -3.07K -50% $0.00 3.07K Nov 6, 2022 Class A Common Stock, $0.001 par value 3.07K Direct F4, F8
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -7.98K -50% $0.00 7.99K Nov 6, 2022 Class A Common Stock, $0.001 par value 7.98K Direct F1, F9
transaction MSM Dividend Equivalent Units Options Exercise $0 -1.98K -23.73% $0.00 6.38K Nov 6, 2022 Class A Common Stock, $0.001 par value 1.98K Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -8.15K -33.33% $0.00 16.3K Nov 6, 2022 Class A Common Stock, $0.001 par value 8.15K Direct F1, F10
transaction MSM Dividend Equivalent Units Options Exercise $0 -964 -15.12% $0.00 5.41K Nov 6, 2022 Class A Common Stock, $0.001 par value 964 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 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.
F4 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.
F5 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.
F6 19,680 RSUs were granted on November 4, 2022. 4,920 RSUs vest on each of November 4, 2023, November 4, 2024, November 4, 2025 and 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.
F7 19,126 RSUs were granted on November 5, 2021. 4,781 RSUs vested on November 5, 2022. 4,781 RSUs vest on November 5, 2023, and 4,782 RSUs vest on each of 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.
F8 Represents the number of dividend equivalent units with respect to the underlying award of PSUs.
F9 31,937 RSUs were granted on November 6, 2019. 7,984 RSUs vested on each of November 6, 2020, November 6, 2021 and November 6, 2022. 7,985 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.
F10 32,591 RSUs were granted on November 6, 2020. 8,147 RSUs vested on November 6, 2021 and 8,148 RSUs vested on November 6, 2022. 8,148 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.