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

Role
Director
Signature
/s/ Steven Paladino
Stock symbol
MSM
Transactions as of
Jan 25, 2023
Transactions value $
$0
Form type
4
Date filed
1/27/2023, 10:49 AM
Previous filing
Oct 13, 2022
Next filing
Jan 31, 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 +8.27% $0.00 9.97 K Jan 26, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +28 +0.28% $0.00 9.99 K Jan 26, 2023 Direct F2

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 +1.55 K $0.00 1.55 K Jan 25, 2023 Class A Common Stock, $0.001 par value 1.55 K Direct F1, F3
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, F4
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, F5

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 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.
F4 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.
F5 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.