Elizabeth Bledsoe - Nov 6, 2023 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Signature
/s/ Elizabeth Bledsoe
Stock symbol
MSM
Transactions as of
Nov 6, 2023
Transactions value $
-$59,050
Form type
4
Date filed
11/8/2023, 11:39 AM
Previous filing
Nov 6, 2023
Next filing
Nov 5, 2024

Transactions Table

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 -369 -100% $0.00* 0 Nov 6, 2023 Class A Common Stock, $0.001 par value 369 Direct F4, F7
transaction MSM Dividend Equivalent Units Options Exercise $0 -108 -29.6% $0.00 258 Nov 6, 2023 Class A Common Stock, $0.001 par value 108 Direct F5
transaction MSM Restricted Stock Units (RSU) Options Exercise $0 -376 -50% $0.00 376 Nov 6, 2023 Class A Common Stock, $0.001 par value 376 Direct F4, F8
transaction MSM Dividend Equivalent Units Options Exercise $0 -59.8 -23.2% $0.00 198 Nov 6, 2023 Class A Common Stock, $0.001 par value 59.8 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.
F3 Withholding of shares of Common Stock to satisfy tax withholding obligations in connection with the vesting of performance share units (PSUs).
F4 Each RSU represents a contingent right to receive one share of Common Stock.
F5 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 ot receive one share of Common Stock.
F6 Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F7 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 each of November 6, 2022 and November 6, 2023.
F8 1,504 RSUs were granted on November 6, 2020. 376 RSUs vested on each of November 6, 2021, November 6, 2022 and November 6, 2023. 376 RSUs vest on 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.