Kimberly Shacklett - May 2, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Kimberly Shacklett
Stock symbol
MSM
Transactions as of
May 2, 2023
Transactions value $
-$586,189
Form type
4
Date filed
5/3/2023, 01:22 PM
Previous filing
Dec 20, 2022
Next filing
Oct 19, 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 $460K +6.44K +60.12% $71.33 17.2K May 2, 2023 Direct
transaction MSM Class A Common Stock, $0.001 par value Sale -$586K -6.44K -37.55% $90.99 10.7K May 2, 2023 Direct F1

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 Options (right to buy) Options Exercise -$460K -6.44K -100% $71.33 0 May 2, 2023 Class A Common Stock, $0.001 par value 6.44K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the sale of 6,442 shares in 28 separate transactions ranging from $90.805 to $91.16 per share, resulting in a weighted average sale price per share of $90.994790. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
F2 Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
F3 An option to purchase 6,442 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 1,610 shares of Common Stock became exercisable on each of October 26, 2017 and October 26, 2018, and 1,611 shares of Common Stock became exercisable on each of October 26, 2019 and October 26, 2020.