Elizabeth Bledsoe - 03 Nov 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: SVP & Chief People Officer
Signature: /s/ Elizabeth Bledsoe
Issuer symbol: MSM
Transactions as of: 03 Nov 2024
Net transactions value: -$14,778
Form type: 4
Filing time: 05 Nov 2024, 10:43:26 UTC
Previous filing: 08 Nov 2023
Next filing: 06 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	+607	+11%	$0.000000	6,335	03 Nov 2024	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+22	+0.35%	$0.000000	6,357	03 Nov 2024	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$14,778	-183	-2.9%	$80.70	6,174	03 Nov 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	-607	-25%	$0.000000	1,821	03 Nov 2024	Class A Common Stock, $0.001 par value	607		Direct	F1, F4
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-22	-5.4%	$0.000000	386	03 Nov 2024	Class A Common Stock, $0.001 par value	22		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	2,428 RSUs were granted on November 3, 2023. 607 RSUs vested on November 3, 2024. 607 RSUs vest on each of November 3, 2025, November 3, 2026 and November 3, 2027, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
F5	Includes 49.245 dividend equivalent units accrued on November 28, 2023, 49.969 dividend equivalent units accrued on January 23, 2024, 52.279 dividend equivalent units accrued on April 23, 2024, and 59.003 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.