Rahquel Purcell - 25 Jan 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
Director
Signature
/s/ Rahquel Purcell
Issuer symbol
MSM
Transactions as of
25 Jan 2024
Net transactions value
$0
Form type
4
Filing time
29 Jan 2024, 16:43:39 UTC
Previous filing
25 Jan 2024
Next filing
23 Jan 2025
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 +776 $0.000000 776 25 Jan 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +26 +3.4% $0.000000 802 25 Jan 2024 Direct F2

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 -776 -50% $0.000000 777 25 Jan 2024 Class A Common Stock, $0.001 par value 776 Direct F1, F3
transaction MSM Dividend Equivalent Units Options Exercise $0 -26 -49% $0.000000 27 25 Jan 2024 Class A Common Stock, $0.001 par value 26 Direct F2, F4
* 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 1,553 RSUs were granted on January 25, 2023. 776 RSUs vested on January 25, 2024. 777 RSUs vest on January 25, 2025, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F4 Includes 13.687 dividend equivalent units accrued on April 25, 2023, 12.376 dividend equivalent units accrued on July 25, 2023, 13.466 dividend equivalent units accrued on November 28, 2023 and 13.663 dividend equivalent units accrued on January 23, 2024 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.