E. Douglas Jones - Aug 15, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
EVP, Chief Supply Chain
Signature
/s/ Douglas Jones
Stock symbol
MSM
Transactions as of
Aug 15, 2022
Transactions value $
-$2,566,172
Form type
4
Date filed
8/17/2022, 11:24 AM
Previous filing
Aug 15, 2022
Next filing
Oct 19, 2022
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 $2.13M +29.8K +5290.6% $71.33 30.4K Aug 15, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Sale -$2.57M -29.8K -98.14% $86.00 564 Aug 15, 2022 Direct F1, F2
holding MSM Class A Common Stock, $0.001 par value 3.59K Aug 15, 2022 By 401(k) Plan

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 Options (right to buy) Options Exercise -$2.13M -29.8K -100% $71.33 0 Aug 15, 2022 Class A Common Stock, $0.001 par value 29.8K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares acquired under the company's Associate Stock Purchase Plan.
F2 Represents the sale of 29,839 shares in six separate transactions ranging from $86.00 to $86.04 per share, resulting in a weighted average sale price per share of $86.000681. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F3 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F4 An option to purchase 29,839 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 7,459 shares of Common Stock became exercisable on October 26, 2017 and 7,460 shares of Common Stock became exercisable on each of October 26, 2018, October 26, 2019 and October 26, 2020.