Elizabeth Bledsoe - 04 Nov 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Issuer symbol
MSM
Transactions as of
04 Nov 2022
Transactions value $
-$50,909
Form type
4
Filing time
08 Nov 2022, 15:03:48 UTC
Previous filing
21 Oct 2022
Next filing
31 Jul 2023

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 +478 +24.81% $0.00 2.41K 05 Nov 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +17.9 +0.74% $0.00 2.42K 05 Nov 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$12.1K -147 -6.06% $82.57 2.28K 05 Nov 2022 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Award $0 +569 +25% $0.00 2.85K 06 Nov 2022 Direct F4
transaction MSM Class A Common Stock, $0.001 par value Options Exercise +141 +4.97% 2.99K 06 Nov 2022 Direct F5
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$17.3K -209 -7.01% $82.57 2.78K 06 Nov 2022 Direct F6
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +369 +13.29% $0.00 3.15K 06 Nov 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +91.7 +2.92% $0.00 3.24K 06 Nov 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$11.2K -136 -4.19% $82.57 3.1K 06 Nov 2022 Direct F3
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +376 +12.12% $0.00 3.48K 06 Nov 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +44.5 +1.28% $0.00 3.52K 06 Nov 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$10.3K -124 -3.53% $82.57 3.4K 06 Nov 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) Award $0 +2.42K $0.00 2.42K 04 Nov 2022 Class A Common Stock, $0.001 par value 2.42K Direct F1, F7
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -478 -25% $0.00 1.43K 05 Nov 2022 Class A Common Stock, $0.001 par value 478 Direct F1, F8
transaction MSM Dividend Equivalent Units Options Exercise $0 -17.9 -4.41% $0.00 388 05 Nov 2022 Class A Common Stock, $0.001 par value 17.9 Direct F2
transaction MSM Dividend Equivalent Units Options Exercise $0 -141 -50.08% $0.00 141 06 Nov 2022 Class A Common Stock, $0.001 par value 141 Direct F5, F9
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -369 -50% $0.00 369 06 Nov 2022 Class A Common Stock, $0.001 par value 369 Direct F1, F10
transaction MSM Dividend Equivalent Units Options Exercise $0 -91.7 -23.66% $0.00 296 06 Nov 2022 Class A Common Stock, $0.001 par value 91.7 Direct F2
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -376 -33.33% $0.00 752 06 Nov 2022 Class A Common Stock, $0.001 par value 376 Direct F1, F11
transaction MSM Dividend Equivalent Units Options Exercise $0 -44.5 -15.01% $0.00 252 06 Nov 2022 Class A Common Stock, $0.001 par value 44.5 Direct F2
* 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 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.
F5 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.
F6 Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of PSUs.
F7 2,422 RSUs were granted on November 4, 2022. 605 RSUs vest on each of November 4, 2023 and November 4, 2024, and 606 RSUs vest on each of November 4, 2025 and November 4, 2026, 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.
F8 1,912 RSUs were granted on November 5, 2021. 478 RSUs vested on November 5, 2022. 478 RSUs vest on each of November 5, 2023, November 5, 2024 and 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.
F9 Represents the number of dividend equivalent units with respect to the underlying award of PSUs.
F10 1,474 RSUs were granted on November 6, 2019. 368 RSUs vested on each of November 6, 2020 and November 6, 2021, and 369 RSUs vested on November 6, 2022. 369 RSUs vest on November 6, 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.
F11 1,504 RSUs were granted on November 6, 2020. 376 RSUs vested on each of November 6, 2021 and November 6, 2022. 376 RSUs vest on each of November 6, 2023 and November 6, 2024, 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.