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

Role
President & COO
Signature
/s/ Martina McIsaac
Issuer symbol
MSM
Transactions as of
03 Nov 2024
Net transactions value
-$19,523
Form type
4
Filing time
05 Nov 2024, 10:54:14 UTC
Previous filing
04 Oct 2024
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 +958 +35% $0.000000 3,719 03 Nov 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +35 +0.94% $0.000000 3,754 03 Nov 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $19,523 -242 -6.4% $80.70 3,512 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 -958 -25% $0.000000 2,877 03 Nov 2024 Class A Common Stock, $0.001 par value 958 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -35 -6.2% $0.000000 532 03 Nov 2024 Class A Common Stock, $0.001 par value 35 Direct F2
* 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 3,835 RSUs were granted on November 3, 2023. 958 RSUs vested on November 3, 2024. 959 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.