Kristen Actis-Grande - Aug 31, 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Aug 31, 2024
Transactions value $
-$21,942
Form type
4
Date filed
9/3/2024, 11:54 AM
Previous filing
May 8, 2024
Next filing
Nov 5, 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 +759 +16.42% $0.00 5.38K Aug 31, 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +153 +2.84% $0.00 5.53K Aug 31, 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$21.9K -267 -4.82% $82.24 5.27K Aug 31, 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 -759 -100% $0.00 0 Aug 31, 2024 Class A Common Stock, $0.001 par value 759 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -153 -12.63% $0.00 1.06K Aug 31, 2024 Class A Common Stock, $0.001 par value 153 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 3,034 RSUs were granted on August 31, 2020. 758 RSUs vested on each of August 31, 2021 and August 31, 2022. 759 RSUs vested on each of August 31, 2023 and August 31, 2024.
F5 Includes 140.715 dividend equivalent units accrued on November 28, 2023, 142.784 dividend equivalent units accrued on January 23, 2024, 149.381 dividend equivalent units accrued on April 23, 2024, and 168.591 dividend equivalent units accrued on July 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.