Kristen Actis-Grande - 03 Nov 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: EVP & Chief Financial Officer
Signature: /s/ Kristen Actis-Grande
Issuer symbol: MSM
Transactions as of: 03 Nov 2023
Net transactions value: -$63,097
Form type: 4
Filing time: 07 Nov 2023, 09:08:40 UTC
Previous filing: 01 Sep 2023
Next filing: 08 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	+1,135	+25%	$0.000000	5,757	04 Nov 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+41	+0.72%	$0.000000	5,798	04 Nov 2023	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$33,669	-344	-5.9%	$97.78	5,454	04 Nov 2023	Direct	F3
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+956	+18%	$0.000000	6,410	05 Nov 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+72	+1.1%	$0.000000	6,482	05 Nov 2023	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$29,427	-301	-4.6%	$97.78	6,181	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	+8,436		$0.000000	8,436	03 Nov 2023	Class A Common Stock, $0.001 par value	8,436		Direct	F1, F4
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-1,135	-25%	$0.000000	3,406	04 Nov 2023	Class A Common Stock, $0.001 par value	1,135		Direct	F1, F5
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-41	-4.4%	$0.000000	899	04 Nov 2023	Class A Common Stock, $0.001 par value	41		Direct	F2
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-956	-33%	$0.000000	1,913	05 Nov 2023	Class A Common Stock, $0.001 par value	956		Direct	F1, F6
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-72	-8%	$0.000000	828	05 Nov 2023	Class A Common Stock, $0.001 par value	72		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	8,436 RSUs were granted on November 3, 2023. 2,108 RSUs vest on each of November 3, 2024 and November 3, 2025, and 2,110 RSUs vest on each of 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	4,541 RSUs were granted on November 4, 2022. 1,135 RSUs vested on November 4, 2023. 1,135 RSUs vest on each of November 4, 2024 and November 4, 2025, and 1,136 RSUs vest on 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	3,825 RSUs were granted on November 5, 2021. 956 RSUs vested on each of November 5, 2022 and November 5, 2023. 956 RSUs vest on November 5, 2024 and 957 RSUs vest on 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.