Elizabeth Bledsoe - Oct 17, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: SVP & Chief People Officer
Signature: /s/ Elizabeth Bledsoe
Stock symbol: MSM
Transactions as of: Oct 17, 2023
Transactions value $: -$2,549
Form type: 4
Date filed: 10/19/2023, 10:43 AM
Previous filing: Jul 31, 2023
Next filing: Nov 6, 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	+60	+1.77%	$0.00	3.46K	Oct 17, 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+20.3	+0.59%	$0.00	3.48K	Oct 17, 2023	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$2.55K	-24.3	-0.7%	$104.99	3.45K	Oct 17, 2023	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)	Options Exercise	$0	-60	-100%	$0.00^*	0	Oct 17, 2023	Class A Common Stock, $0.001 par value	60		Direct	F1, F4
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-20.3	-4.56%	$0.00	424	Oct 17, 2023	Class A Common Stock, $0.001 par value	20.3		Direct	F2, F5

* 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 ot 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	297 RSUs were granted on October 17, 2018. 59 RSUs vested on each of October 17, 2019, October 17, 2020 and October 17, 2021. 60 RSUs vested on each of October 17, 2022 and October 17, 2023.
F5	Includes 49.889 dividend equivalent units accrued on November 29, 2022, 52.263 dividend equivalent units accrued on January 24, 2023, 47.512 dividend equivalent units accrued on April 25, 2023, and 42.959 dividend equivalent units accrued on July 25, 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.