Kristen Actis-Grande - Nov 5, 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Kristen Actis-Grande
Stock symbol
MSM
Transactions as of
Nov 5, 2024
Transactions value $
-$126,720
Form type
4
Date filed
11/7/2024, 03:28 PM
Previous filing
Nov 6, 2024
Next filing
Nov 8, 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 Award $0 +3.83K +49.78% $0.00 11.5K Nov 5, 2024 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Award $0 +438 +3.8% $0.00 11.9K Nov 5, 2024 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$101K -1.23K -10.34% $82.06 10.7K Nov 5, 2024 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +956 +8.92% $0.00 11.7K Nov 5, 2024 Direct F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +109 +0.94% $0.00 11.8K Nov 5, 2024 Direct F5
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$25.4K -309 -2.63% $82.06 11.5K Nov 5, 2024 Direct F6

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 -956 -49.97% $0.00 957 Nov 5, 2024 Class A Common Stock, $0.001 par value 956 Direct F4, F7
transaction MSM Dividend Equivalent Units Options Exercise $0 -109 -12.22% $0.00 786 Nov 5, 2024 Class A Common Stock, $0.001 par value 109 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares acquired upon vesting of previously awarded performance share units (PSUs) upon determination by the Compensation Committee of the satisfaction of the underlying performance criteria of such PSUs.
F2 The dividend equivalent units accrued with respect to outstanding awards of PSUs and vest at the same time(s) as the underlying PSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
F3 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units (PSUs).
F4 Each RSU represents a contingent right to receive one share of Common Stock.
F5 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.
F6 Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F7 3,825 RSUs were granted on November 5, 2021. 956 RSUs vested on each of November 5, 2022, November 5, 2023 and November 5, 2024. 957 RSUs vest on November 5, 2025, 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.