Erik Gershwind - Sep 28, 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
Sep 28, 2022
Transactions value $
$0
Form type
4
Date filed
12/22/2022, 09:36 AM
Previous filing
Feb 4, 2022
Next filing
Oct 19, 2022

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 Class B Common Stock Gift $0 -5.3K -5.04% $0.00 100K Sep 28, 2022 Class A Common Stock, $0.001 par value 5.3K See Footnote F1, F2, F3, F4
transaction MSM Class B Common Stock Gift $0 +5.3K +4.86% $0.00 114K Sep 28, 2022 Class A Common Stock, $0.001 par value 5.3K See Footnote F1, F5
holding MSM Class B Common Stock 49.8K Sep 28, 2022 Class A Common Stock, $0.001 par value 49.8K See Footnote F1, F6
holding MSM Class B Common Stock 813K Sep 28, 2022 Class A Common Stock, $0.001 par value 813K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock is convertible immediately on a one-for-one basis into shares of Class A Common Stock and does not expire.
F2 Includes transfers of an aggregate of 100,000 shares of Class B Common Stock from Mr. Gershwind to Grantor Retained Annuity Trusts, of which the Reporting Person is the sole annuitant and trustee.
F3 Includes a distribution of 2,124 shares of Class B Common Stock to Mr. Gershwind as an annuity payment from a Grantor Retained Annuity Trust of which the Reporting Person is the sole annuitant and trustee.
F4 Represents shares of Class B Common Stock held in Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trusts, except to the extent of his pecuniary interest therein.
F5 Represents shares of Class B 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 Represents shares of Class B Common Stock held by a trust of which the Reporting Person is a beneficiary and co-trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by such trust, except to the extent of his pecuniary interest therein.