Erik Gershwind - 06 Nov 2024 Form 4 Insider Report for MSC INDUSTRIAL DIRECT CO INC (MSM)

Role: Chief Executive Officer, Director
Signature: /s/ Erik Gershwind
Issuer symbol: MSM
Transactions as of: 06 Nov 2024
Transactions value $: -$443,718
Form type: 4
Date filed: 08 Nov 2024, 09:47
Previous filing: 07 Nov 2024
Next filing: 12 Nov 2024
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	+8.15K	+0.56%	$0.00	1.46M	06 Nov 2024	Direct	F1
transaction	MSM	Class A Common Stock, $0.001 par value	Options Exercise	$0	+1.64K	+0.11%	$0.00	1.46M	06 Nov 2024	Direct	F2
transaction	MSM	Class A Common Stock, $0.001 par value	Tax liability	-$444K	-5K	-0.34%	$88.79	1.45M	06 Nov 2024	Direct	F3
holding	MSM	Class A Common Stock, $0.001 par value						175K	06 Nov 2024	See footnotes	F4, F5
holding	MSM	Class A Common Stock, $0.001 par value						61K	06 Nov 2024	See footnotes	F4, F6
holding	MSM	Class A Common Stock, $0.001 par value						302K	06 Nov 2024	See footnotes	F4, F7
holding	MSM	Class A Common Stock, $0.001 par value						102K	06 Nov 2024	See footnotes	F4, F8

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	-8.15K	-100%	$0.00	0	06 Nov 2024	Class A Common Stock, $0.001 par value	8.15K		Direct	F1, F9
transaction	MSM	Dividend Equivalent Units	Options Exercise	$0	-1.64K	-48.04%	$0.00	1.77K	06 Nov 2024	Class A Common Stock, $0.001 par value	1.64K		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	The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
F5	Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
F6	Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary.
F7	Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers and the beneficiaries of which are family members of the Reporting Person.
F8	Represents shares held by a Trust of which the Reporting Person is a co-trustee.
F9	32,591 RSUs were granted on November 6, 2020. 8,147 RSUs vested on November 6, 2021, and 8,148 RSUs vested on each of November 6, 2022, November 6, 2023 and November 6, 2024.