Neal Dongre - Oct 17, 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
VP, Gen Counsel & Corp Sec
Signature
/s/ Neal Dongre
Stock symbol
MSM
Transactions as of
Oct 17, 2022
Transactions value $
-$833
Form type
4
Date filed
10/19/2022, 01:33 PM
Previous filing
Jul 14, 2022
Next filing
Oct 24, 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 +27 +4.29% $0.00 656 Oct 17, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +7.86 +1.2% $0.00 664 Oct 17, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$833 -10.9 -1.64% $76.77 653 Oct 17, 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 -27 -50% $0.00 27 Oct 17, 2022 Class A Common Stock, $0.001 par value 27 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -7.86 -4.42% $0.00 170 Oct 17, 2022 Class A Common Stock, $0.001 par value 7.86 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 134 RSUs were granted on October 17, 2018. 26 RSUs vested on October 17, 2019, and 27 RSUs vested on each of October 17, 2020, October 17, 2021 and October 17, 2022. 27 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 15.711 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. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.