Elizabeth Bledsoe - 04 Nov 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Issuer symbol
MSM
Transactions as of
04 Nov 2024
Net transactions value
-$15,209
Form type
4
Filing time
06 Nov 2024, 09:26:16 UTC
Previous filing
05 Nov 2024
Next filing
07 Nov 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 +605 +9.8% $0.000000 6,779 04 Nov 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +45 +0.66% $0.000000 6,824 04 Nov 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability $15,209 -189 -2.8% $80.52 6,635 04 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) Award $0 +2,949 $0.000000 2,949 04 Nov 2024 Class A Common Stock, $0.001 par value 2,949 Direct F1, F4
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -605 -33% $0.000000 1,212 04 Nov 2024 Class A Common Stock, $0.001 par value 605 Direct F1, F5
transaction MSM Dividend Equivalent Units Options Exercise $0 -45 -12% $0.000000 341 04 Nov 2024 Class A Common Stock, $0.001 par value 45 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 2,949 RSUs were granted on November 4, 2024. 737 RSUs vest on each of November 4, 2025, November 4, 2026 and November 4, 2027, and 738 RSUs vest on November 4, 2028, 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 2,422 RSUs were granted on November 4, 2022. 605 RSUs vested on each of November 4, 2023 and November 4, 2024. 606 RSUs vest on each of November 4, 2025 and November 4, 2026, 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.