Neal Dongre - Nov 6, 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 6, 2023
Transactions value $
-$8,120
Form type
4
Date filed
11/8/2023, 11:36 AM
Previous filing
Nov 7, 2023
Next filing
Jul 1, 2024

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% $0.00 1.61K Nov 6, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +33.8 +2.1% $0.00 1.64K Nov 6, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$4.26K -43.8 -2.67% $97.33 1.6K Nov 6, 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +117 +7.32% $0.00 1.72K Nov 6, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +18.6 +1.08% $0.00 1.74K Nov 6, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$3.86K -39.6 -2.28% $97.33 1.7K Nov 6, 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% $0.00* 0 Nov 6, 2023 Class A Common Stock, $0.001 par value 115 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -33.8 -21.7% $0.00 122 Nov 6, 2023 Class A Common Stock, $0.001 par value 33.8 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -117 -50% $0.00 117 Nov 6, 2023 Class A Common Stock, $0.001 par value 117 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -18.6 -15.3% $0.00 103 Nov 6, 2023 Class A Common Stock, $0.001 par value 18.6 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.