Kimberly Shacklett - 17 Oct 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, Sales & Customer Success
Signature
/s/ Kimberly Shacklett
Issuer symbol
MSM
Transactions as of
17 Oct 2023
Net transactions value
-$7,085
Form type
4
Filing time
19 Oct 2023, 10:48:24 UTC
Previous filing
03 May 2023
Next filing
07 Nov 2023
SEC
View on sec.gov

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 +176 +1.6% $0.000000 10,892 17 Oct 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +59 +0.55% $0.000000 10,951 17 Oct 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $7,085 -67 -0.62% $104.99 10,884 17 Oct 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 -176 -100% $0.000000* 0 17 Oct 2023 Class A Common Stock, $0.001 par value 176 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -59 -13% $0.000000 390 17 Oct 2023 Class A Common Stock, $0.001 par value 59 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 879 RSUs were granted on October 17, 2018. 175 RSUs vested on October 17, 2019. 176 RSUs vested on each of October 17, 2020, October 17, 2021, October 17, 2022 and October 17, 2023.
F5 Includes 39.312 dividend equivalent units accrued on January 24, 2023, 35.74 dividend equivalent units accrued on April 25, 2023 and 32.315 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.