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

Role: SVP, Sales & Customer Success
Signature: /s/ Kimberly Shacklett
Issuer symbol: MSM
Transactions as of: 06 Nov 2023
Net transactions value: -$51,038
Form type: 4
Filing time: 08 Nov 2023, 12:32:16 UTC
Previous filing: 07 Nov 2023
Next filing: 19 Dec 2023
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	Award	$0	+888	+7.8%	$0.000000	12,230	06 Nov 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Award	$0	+141	+1.2%	$0.000000	12,371	06 Nov 2023	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$28,543	-293	-2.4%	$97.33	12,078	06 Nov 2023	Direct	F3
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+327	+2.7%	$0.000000	12,405	06 Nov 2023	Direct	F4
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+96	+0.78%	$0.000000	12,501	06 Nov 2023	Direct	F5
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$11,791	-121	-0.97%	$97.33	12,380	06 Nov 2023	Direct	F6
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+333	+2.7%	$0.000000	12,713	06 Nov 2023	Direct	F4
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+53	+0.42%	$0.000000	12,766	06 Nov 2023	Direct	F5
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$10,704	-110	-0.86%	$97.33	12,656	06 Nov 2023	Direct	F6

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	-327	-100%	$0.000000^*	0	06 Nov 2023	Class A Common Stock, $0.001 par value	327		Direct	F4, F7
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-96	-27%	$0.000000	264	06 Nov 2023	Class A Common Stock, $0.001 par value	96		Direct	F5
transaction	MSM	Restricted Stock Units (RSU)	Options Exercise	$0	-333	-50%	$0.000000	334	06 Nov 2023	Class A Common Stock, $0.001 par value	333		Direct	F4, F8
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-53	-20%	$0.000000	211	06 Nov 2023	Class A Common Stock, $0.001 par value	53		Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the number of shares acquired upon vesting of previously awarded performance share units (PSUs) upon determination by the Compensation Committee of the satisfaction of the underlying performance criteria of such PSUs.
F2	The dividend equivalent units accrued with respect to outstanding awards of PSUs and vest at the same time(s) as the underlying PSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
F3	Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units (PSUs).
F4	Each RSU represents a contingent right to receive one share of Common Stock.
F5	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.
F6	Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F7	1,306 RSUs were granted on November 6, 2019. 326 RSUs vested on each of November 6, 2020 and November 6, 2021, and 327 RSUs vested on each of November 6, 2022 and November 6, 2023.
F8	1,333 RSUs were granted on November 6, 2020. 333 RSUs vested on each of November 6, 2021, November 6, 2022 and November 6, 2023. 334 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.