Kristen Actis-Grande - Nov 3, 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
EVP & Chief Financial Officer
Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 3, 2024
Transactions value $
-$51,151
Form type
4
Date filed
11/5/2024, 05:06 PM
Previous filing
Sep 3, 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 +2.11K +40.02% $0.00 7.38K Nov 3, 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +76.8 +1.04% $0.00 7.45K Nov 3, 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$51.2K -634 -8.51% $80.70 6.82K 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 -2.11K -24.99% $0.00 6.33K Nov 3, 2024 Class A Common Stock, $0.001 par value 2.11K Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -76.8 -7.27% $0.00 980 Nov 3, 2024 Class A Common Stock, $0.001 par value 76.8 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 8,436 RSUs were granted on November 3, 2023. 2,108 RSUs vested on November 3, 2024. 2,108 RSUs vest on November 3, 2025, and 2,110 RSUs vest on each of 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.