Neal Dongre - 06 Nov 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
VP, Gen Counsel & Corp Sec
Signature
/s/ Neal Dongre
Issuer symbol
MSM
Transactions as of
06 Nov 2023
Net transactions value
-$8,120
Form type
4
Filing time
08 Nov 2023, 11:36:33 UTC
Previous filing
07 Nov 2023
Next filing
01 Jul 2024
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 +115 +7.7% $0.000000 1,609 06 Nov 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +34 +2.1% $0.000000 1,643 06 Nov 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $4,264 -44 -2.7% $97.33 1,599 06 Nov 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +117 +7.3% $0.000000 1,716 06 Nov 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +19 +1.1% $0.000000 1,735 06 Nov 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $3,855 -40 -2.3% $97.33 1,695 06 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) Options Exercise $0 -115 -100% $0.000000* 0 06 Nov 2023 Class A Common Stock, $0.001 par value 115 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -34 -22% $0.000000 122 06 Nov 2023 Class A Common Stock, $0.001 par value 34 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -117 -50% $0.000000 117 06 Nov 2023 Class A Common Stock, $0.001 par value 117 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -19 -15% $0.000000 103 06 Nov 2023 Class A Common Stock, $0.001 par value 19 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 458 RSUs were granted on November 6, 2019. 114 RSUs vested on each of November 6, 2020 and November 6, 2021, and 115 RSUs vested on each of November 6, 2022 and November 6, 2023.
F5 467 RSUs were granted on November 6, 2020. 116 RSUs vested on November 6, 2021, and 117 RSUs vested on each of November 6, 2022 and November 6, 2023. 117 RSUs vest on November 6, 2024, 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.