Philip Peller - Jan 25, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: Director
Signature: /s/ Philip Peller
Stock symbol: MSM
Transactions as of: Jan 25, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/27/2023, 10:44 AM
Previous filing: Feb 1, 2022
Next filing: Jan 30, 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	+761	+43.96%	$0.00	2.49K	Jan 26, 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+28	+1.12%	$0.00	2.52K	Jan 26, 2023	Direct	F2
holding	MSM	Class A Common Stock, $0.001 par value						14.9K	Jan 25, 2023	See Footnote	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 (RSUs)	Award	$0	+1.55K		$0.00	1.55K	Jan 25, 2023	Class A Common Stock, $0.001 par value	1.55K		Direct	F1, F4
transaction	MSM	Restricted Stock Units (RSUs)	Options Exercise	$0	-761	-49.97%	$0.00	762	Jan 26, 2023	Class A Common Stock, $0.001 par value	761		Direct	F1, F5
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-28	-24.78%	$0.00	85	Jan 26, 2023	Class A Common Stock, $0.001 par value	28		Direct	F2, F6

* 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 shares held in a trust, of which the Reporting Person's spouse is the sole beneficiary. The reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
F4	1,553 RSUs were granted on January 25, 2023. 776 RSUs vest on January 25, 2024 and 777 RSUs vest on January 25, 2025, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F5	1,523 RSUs were granted on January 26, 2022. 761 RSUs vested on January 26, 2023. 762 RSUs vest on January 26, 2024, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F6	Includes 20.376 dividend equivalent units accrued on April 26, 2022, 21.953 dividend equivalent units accrued on July 26, 2022, 22.075 dividend equivalent units accrued on November 29, 2022 and 23.126 dividend equivalent units accrued on January 24, 2023 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock.