Neal Dongre - Nov 3, 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
SVP, Gen Counsel & Corp Sec
Signature
/s/ Neal Dongre
Stock symbol
MSM
Transactions as of
Nov 3, 2024
Transactions value $
-$10,837
Form type
4
Date filed
11/5/2024, 10:48 AM
Previous filing
Jul 1, 2024
Next filing
Nov 6, 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 +447 +24.85% $0.00 2.25K Nov 3, 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +16.3 +0.73% $0.00 2.26K Nov 3, 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$10.8K -134 -5.94% $80.70 2.13K Nov 3, 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 -447 -24.99% $0.00 1.34K Nov 3, 2024 Class A Common Stock, $0.001 par value 447 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -16.3 -7.9% $0.00 190 Nov 3, 2024 Class A Common Stock, $0.001 par value 16.3 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 1,789 RSUs were granted on November 3, 2023. 447 RSUs vested on November 3, 2024. 447 RSUs vest on each of November 3, 2025 and November 3, 2026, and 448 RSUs vest on 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 34.913 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.