Erik Gershwind - 28 Sep 2022 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role
President and CEO, Director
Signature
/s/ Erik Gershwind
Issuer symbol
MSM
Transactions as of
28 Sep 2022
Transactions value $
$0
Form type
4
Date filed
22 Dec 2022, 09:36
Previous filing
04 Feb 2022
Next filing
19 Oct 2022
SEC
View on sec.gov

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 Class B Common Stock Gift $0 -5.3K -5.04% $0.00 100K 28 Sep 2022 Class A Common Stock, $0.001 par value 5.3K See Footnote F1, F2, F3, F4
transaction MSM Class B Common Stock Gift $0 +5.3K +4.86% $0.00 114K 28 Sep 2022 Class A Common Stock, $0.001 par value 5.3K See Footnote F1, F5
holding MSM Class B Common Stock 49.8K 28 Sep 2022 Class A Common Stock, $0.001 par value 49.8K See Footnote F1, F6
holding MSM Class B Common Stock 813K 28 Sep 2022 Class A Common Stock, $0.001 par value 813K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Class B Common Stock is convertible immediately on a one-for-one basis into shares of Class A Common Stock and does not expire.
F2 Includes transfers of an aggregate of 100,000 shares of Class B Common Stock from Mr. Gershwind to Grantor Retained Annuity Trusts, of which the Reporting Person is the sole annuitant and trustee.
F3 Includes a distribution of 2,124 shares of Class B Common Stock to Mr. Gershwind as an annuity payment from a Grantor Retained Annuity Trust of which the Reporting Person is the sole annuitant and trustee.
F4 Represents shares of Class B Common Stock held in Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trusts, except to the extent of his pecuniary interest therein.
F5 Represents shares of Class B Common Stock held by a trust, the beneficiaries of which are family members of the Reporting Person. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest therein.
F6 Represents shares of Class B Common Stock held by a trust of which the Reporting Person is a beneficiary and co-trustee. The Reporting Person disclaims Section 16 beneficial ownership of the shares held by such trust, except to the extent of his pecuniary interest therein.