Kristen Actis-Grande - Nov 6, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: EVP & Chief Financial Officer
Signature: /s/ Kristen Actis-Grande
Stock symbol: MSM
Transactions as of: Nov 6, 2023
Transactions value $: -$179,294
Form type: 4
Date filed: 11/8/2023, 06:57 PM
Previous filing: Nov 7, 2023
Next filing: Nov 21, 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	+3.68K	+59.47%	$0.00	9.86K	Nov 6, 2023	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Award	$0	+585	+5.93%	$0.00	10.4K	Nov 6, 2023	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$134K	-1.37K	-13.17%	$97.33	9.07K	Nov 6, 2023	Direct	F3
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+1.38K	+15.21%	$0.00	10.4K	Nov 6, 2023	Direct	F4
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+219	+2.1%	$0.00	10.7K	Nov 6, 2023	Direct	F5
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$45.5K	-467	-4.38%	$97.33	10.2K	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	-1.38K	-50%	$0.00	1.38K	Nov 6, 2023	Class A Common Stock, $0.001 par value	1.38K		Direct	F4, F7
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-219	-26.51%	$0.00	608	Nov 6, 2023	Class A Common Stock, $0.001 par value	219		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	5,515 RSUs were granted on November 6, 2020. 1,378 RSUs vested on November 6, 2021, and 1,379 RSUs vested on each of November 6, 2022 and November 6, 2023. 1,379 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.