Elizabeth Bledsoe - 17 Oct 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: SVP & Chief People Officer
Signature: /s/ Elizabeth Bledsoe
Issuer symbol: MSM
Transactions as of: 17 Oct 2022
Net transactions value: -$1,801
Form type: 4
Filing time: 19 Oct 2022, 13:31:24 UTC
Previous filing: 06 Jul 2022
Next filing: 21 Oct 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	$0	+60	+3.3%	$0.000000	1,876	17 Oct 2022	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+17	+0.93%	$0.000000	1,893	17 Oct 2022	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	$1,801	-23	-1.2%	$76.77	1,870	17 Oct 2022	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	-60	-50%	$0.000000	60	17 Oct 2022	Class A Common Stock, $0.001 par value	60		Direct	F1, F4
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-17	-3.9%	$0.000000	426	17 Oct 2022	Class A Common Stock, $0.001 par value	17		Direct	F2, F5

* 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	297 RSUs were granted on October 17, 2018. 59 RSUs vested on each of October 17, 2019, October 17, 2020, and October 17, 2021, and 60 RSUs vested on October 17, 2022. 60 RSUs vest on October 17, 2023, 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	Includes 38.342 dividend equivalent units accrued on April 26, 2022 and 41.311 dividend equivalent units accrued on July 26, 2022 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock. The prior filing on Reporting Date January 25, 2022 inadvertently overstated the Number of Derivative Securities Acquired for Dividend Equivalent Units and has been corrected.