Elizabeth Bledsoe - 03 Nov 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Issuer symbol
MSM
Transactions as of
03 Nov 2023
Net transactions value
-$32,757
Form type
4
Filing time
06 Nov 2023, 19:24:11 UTC
Previous filing
19 Oct 2023
Next filing
08 Nov 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 +605 +18% $0.000000 4,059 04 Nov 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +22 +0.54% $0.000000 4,081 04 Nov 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $17,995 -184 -4.5% $97.78 3,897 04 Nov 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +478 +12% $0.000000 4,375 05 Nov 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +36 +0.82% $0.000000 4,411 05 Nov 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $14,763 -151 -3.4% $97.78 4,260 05 Nov 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) Award $0 +2,428 $0.000000 2,428 03 Nov 2023 Class A Common Stock, $0.001 par value 2,428 Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -605 -25% $0.000000 1,817 04 Nov 2023 Class A Common Stock, $0.001 par value 605 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -22 -5.2% $0.000000 402 04 Nov 2023 Class A Common Stock, $0.001 par value 22 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -478 -33% $0.000000 956 05 Nov 2023 Class A Common Stock, $0.001 par value 478 Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -36 -9% $0.000000 366 05 Nov 2023 Class A Common Stock, $0.001 par value 36 Direct F2
* 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 2,428 RSUs were granted on November 3, 2023. 607 RSUs vest on each of November 3, 2024, November 3, 2025, November 3, 2026 and November 3, 2027, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F5 2,422 RSUs were granted on November 4, 2022. 605 RSUs vested on November 4, 2023. 605 RSUs vest on November 4, 2024, and 606 RSUs vest on each of November 4, 2025 and November 4, 2026, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F6 1,912 RSUs were granted on November 5, 2021. 478 RSUs vested on each of November 5, 2022 and November 5, 2023. 478 RSUs vest on each of November 5, 2024 and November 5, 2025, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.