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

Role: SVP, Sales & Customer Success
Signature: /s/ Kimberly Shacklett
Stock symbol: MSM
Transactions as of: Oct 17, 2022
Transactions value $: -$5,006
Form type: 4
Date filed: 10/19/2022, 06:36 PM
Previous filing: Aug 15, 2022
Next filing: Oct 21, 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	+176	+1.96%	$0.00	9.18K	Oct 17, 2022	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+51.2	+0.56%	$0.00	9.23K	Oct 17, 2022	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$5.01K	-65.2	-0.71%	$76.77	9.16K	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	-176	-50%	$0.00	176	Oct 17, 2022	Class A Common Stock, $0.001 par value	176		Direct	F1, F4
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-51.2	-8.34%	$0.00	563	Oct 17, 2022	Class A Common Stock, $0.001 par value	51.2		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	879 RSUs were granted on October 17, 2018. 175 RSUs vested on October 17, 2019, and 176 RSUs vested on each of October 17, 2020, October 17, 2021 and October 17, 2022. 176 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 35.616 dividend equivalent units accrued on April 26, 2022 and 38.372 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.