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

Role: Director
Signature: /s/ Rahquel Purcell
Stock symbol: MSM
Transactions as of: Jan 25, 2024
Transactions value $: $0
Form type: 4
Date filed: 1/29/2024, 04:43 PM
Previous filing: Jan 25, 2024

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		$0.00	776	Jan 25, 2024	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+26	+3.35%	$0.00	802	Jan 25, 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	-49.97%	$0.00	777	Jan 25, 2024	Class A Common Stock, $0.001 par value	776		Direct	F1, F3
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-26	-49.06%	$0.00	27	Jan 25, 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.