Neal Dongre - 29 Jun 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: VP, Gen Counsel & Corp Sec
Signature: /s/ Neal Dongre
Issuer symbol: MSM
Transactions as of: 29 Jun 2024
Net transactions value: -$3,485
Form type: 4
Filing time: 01 Jul 2024, 13:56:23 UTC
Previous filing: 08 Nov 2023
Next filing: 05 Nov 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	+123	+7.3%	$0.000000	1,818	29 Jun 2024	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+25	+1.4%	$0.000000	1,843	29 Jun 2024	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$3,485	-44	-2.4%	$79.31	1,799	29 Jun 2024	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	-123	-100%	$0.000000^*	0	29 Jun 2024	Class A Common Stock, $0.001 par value	123		Direct	F1, F4
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-25	-13%	$0.000000	172	29 Jun 2024	Class A Common Stock, $0.001 par value	25		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 to 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	491 RSUs were granted on June 29, 2020. 122 RSUs vested on June 29, 2021, and 123 RSUs vested on each of June 29, 2022, June 29, 2023 and June 29, 2024.
F5	Includes 30.370 dividend equivalent units accrued on November 28, 2023, 30.818 dividend equivalent units accrued on January 23, 2024, and 32.242 dividend equivalent units accrued on April 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. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.