Neal Dongre - Nov 3, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
VP, Gen Counsel & Corp Sec
Signature
/s/ Neal Dongre
Stock symbol
MSM
Transactions as of
Nov 3, 2023
Transactions value $
-$15,824
Form type
4
Date filed
11/7/2023, 09:24 AM
Previous filing
Oct 19, 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 +378 +34.18% $0.00 1.48K Nov 4, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +13.8 +0.93% $0.00 1.5K Nov 4, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$11.2K -115 -7.66% $97.78 1.38K Nov 4, 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +147 +10.63% $0.00 1.53K Nov 5, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +11.1 +0.72% $0.00 1.54K Nov 5, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$4.6K -47.1 -3.05% $97.78 1.49K 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 +1.79K $0.00 1.79K Nov 3, 2023 Class A Common Stock, $0.001 par value 1.79K Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -378 -24.98% $0.00 1.14K Nov 4, 2023 Class A Common Stock, $0.001 par value 378 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -13.8 -7.62% $0.00 167 Nov 4, 2023 Class A Common Stock, $0.001 par value 13.8 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -147 -33.33% $0.00 294 Nov 5, 2023 Class A Common Stock, $0.001 par value 147 Direct F1, F6
transaction MSM Dividend Equivalent Units Options Exercise $0 -11.1 -6.62% $0.00 156 Nov 5, 2023 Class A Common Stock, $0.001 par value 11.1 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 1,789 RSUs were granted on November 3, 2023. 447 RSUs vest on each of November 3, 2024, November 3, 2025 and November 3, 2026, and 448 RSUs vest on 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 1,513 RSUs were granted on November 4, 2022. 378 RSUs vested on November 4, 2023. 378 RSUs vest on each of November 4, 2024 and November 4, 2025, and 379 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 588 RSUs were granted on November 5, 2021. 147 RSUs vested on each of November 5, 2022 and November 5, 2023. 147 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.