Kimberly Shacklett - 17 Dec 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
17 Dec 2023
Net transactions value
-$9,762
Form type
4
Filing time
19 Dec 2023, 12:20:05 UTC
Previous filing
08 Nov 2023
Next filing
18 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 +252 +2% $0.000000 12,908 17 Dec 2023 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +86 +0.66% $0.000000 12,994 17 Dec 2023 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $9,762 -97 -0.74% $101.08 12,897 17 Dec 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 -252 -100% $0.000000* 0 17 Dec 2023 Class A Common Stock, $0.001 par value 252 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -86 -34% $0.000000 164 17 Dec 2023 Class A Common Stock, $0.001 par value 86 Direct F2, F5
* 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 1,260 RSUs were granted on December 17, 2018. 252 RSUs vested on each of December 17, 2019, December 17, 2020, December 17, 2021, December 17, 2022 and December 17, 2023.
F5 Includes 38.229 dividend equivalent units accrued on November 28, 2023 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock.