Kimberly Shacklett - Nov 6, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, Sales & Customer Success
Signature
/s/ Kimberly Shacklett
Stock symbol
MSM
Transactions as of
Nov 6, 2023
Transactions value $
-$51,038
Form type
4
Date filed
11/8/2023, 12:32 PM
Previous filing
Nov 7, 2023
Next filing
Dec 19, 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 Award $0 +888 +7.83% $0.00 12.2K Nov 6, 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Award $0 +141 +1.16% $0.00 12.4K Nov 6, 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$28.5K -293 -2.37% $97.33 12.1K Nov 6, 2023 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +327 +2.71% $0.00 12.4K Nov 6, 2023 Direct F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +96.1 +0.78% $0.00 12.5K Nov 6, 2023 Direct F5
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$11.8K -121 -0.97% $97.33 12.4K Nov 6, 2023 Direct F6
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +333 +2.69% $0.00 12.7K Nov 6, 2023 Direct F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +53 +0.42% $0.00 12.8K Nov 6, 2023 Direct F5
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$10.7K -110 -0.86% $97.33 12.7K Nov 6, 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% $0.00* 0 Nov 6, 2023 Class A Common Stock, $0.001 par value 327 Direct F4, F7
transaction MSM Dividend Equivalent Units Options Exercise $0 -96.1 -26.7% $0.00 264 Nov 6, 2023 Class A Common Stock, $0.001 par value 96.1 Direct F5
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -333 -49.93% $0.00 334 Nov 6, 2023 Class A Common Stock, $0.001 par value 333 Direct F4, F8
transaction MSM Dividend Equivalent Units Options Exercise $0 -53 -20.07% $0.00 211 Nov 6, 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.