Kimberly Shacklett - Dec 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
Dec 17, 2022
Transactions value $
-$7,698
Form type
4
Date filed
12/20/2022, 12:37 PM
Previous filing
Nov 8, 2022
Next filing
May 3, 2023
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 +252 +2.4% $0.00 10.7K Dec 17, 2022 Direct F1
transaction MSM Class A Common Stock, $0.001 par value Options Exercise $0 +74 +0.69% $0.00 10.8K Dec 17, 2022 Direct F2
transaction MSM Class A Common Stock, $0.001 par value Tax liability -$7.7K -94 -0.87% $81.88 10.7K Dec 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 -252 -50% $0.00 252 Dec 17, 2022 Class A Common Stock, $0.001 par value 252 Direct F1, F4
transaction MSM Dividend Equivalent Units Options Exercise $0 -74 -17.79% $0.00 342 Dec 17, 2022 Class A Common Stock, $0.001 par value 74 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 1,260 RSUs were granted on December 17, 2018. 252 RSUs vested on each of December 17, 2019, December 17, 2020, December 17, 2021 and December 17, 2022. 252 RSUs vest on December 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 40.573 dividend equivalent units accrued on November 29, 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.