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

Role
EVP, Chief Operating Officer
Signature
/s/ Martina McIsaac
Stock symbol
MSM
Transactions as of
Nov 3, 2023
Transactions value $
-$28,096
Form type
4
Date filed
11/7/2023, 04:19 PM
Previous filing
Oct 4, 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 +123.5% $0.00 2.05K Nov 4, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +41.3 +2.01% $0.00 2.1K Nov 4, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$28.1K -287 -13.71% $97.78 1.81K Nov 4, 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 +3.84K $0.00 3.84K Nov 3, 2023 Class A Common Stock, $0.001 par value 3.84K 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 -14.09% $0.00 252 Nov 4, 2023 Class A Common Stock, $0.001 par value 41.3 Direct F2

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 3,835 RSUs were granted on November 3, 2023. 958 RSUs vest on November 3, 2024, and 959 RSUs vest on each of 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 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.