Kristen Actis-Grande - Nov 3, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
EVP & Chief Financial Officer
Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 3, 2023
Transactions value $
-$63,097
Form type
4
Date filed
11/7/2023, 09:08 AM
Previous filing
Sep 1, 2023
Next filing
Nov 8, 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 +1.14K +24.56% $0.00 5.76K Nov 4, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +41.3 +0.72% $0.00 5.8K Nov 4, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$33.7K -344 -5.94% $97.78 5.45K Nov 4, 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +956 +17.53% $0.00 6.41K Nov 5, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +72 +1.12% $0.00 6.48K Nov 5, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$29.4K -301 -4.64% $97.78 6.18K Nov 5, 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 +8.44K $0.00 8.44K Nov 3, 2023 Class A Common Stock, $0.001 par value 8.44K Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -1.14K -24.99% $0.00 3.41K Nov 4, 2023 Class A Common Stock, $0.001 par value 1.14K Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -41.3 -4.4% $0.00 899 Nov 4, 2023 Class A Common Stock, $0.001 par value 41.3 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -956 -33.32% $0.00 1.91K Nov 5, 2023 Class A Common Stock, $0.001 par value 956 Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -72 -8% $0.00 828 Nov 5, 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.