Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2023-10-05 00:00:00 ET · period of report 2023-10-04 · accession 0000950142-23-002553 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2023-10-05 | 2023-10-04 | MSM | JACOBSON MITCHELL | Dir, 10% | A - Grant | — | +6.09M | 2.91M | New | — |
| D | 2023-10-05 | 2023-10-04 | MSM | JACOBSON MITCHELL | Dir, 10% | A - Grant | — | +1.74M | 1.94M | +867% | — |
| D | 2023-10-05 | 2023-10-04 | MSM | JACOBSON MITCHELL | Dir, 10% | D - Sale to Iss | — | -1.42M | 0 | -100% | — |
| DMI | 2023-10-05 | 2023-10-04 | MSM | JACOBSON MITCHELL | Dir, 10% | D - Sale to Iss | — | -4.97M | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-10-04 | A | A | 3,182,213 | — | 3,182,213 | I See footnotes | — | — | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. (F4) Represents shares held by trusts of which the Reporting Person is the settlor and over whose trustees the Reporting Person can exercise remove and replace powers. (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. |
| 2 | Common | Class A Common Stock | 2023-10-04 | A | A | 2,907,454 | — | 2,907,454 | I | — | — | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. |
| 3 | Common | Class A Common Stock | 2023-10-04 | A | A | 1,739,007 | — | 1,939,524 | D See footnotes | — | — | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. (F3) Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the settlor, sole annuitant and trustee, and other trusts over whose portfolio securities the Reporting Person exercises voting or dispositive power. |
| 4 | Derivative | Class B Common Stock | 2023-10-04 | D | D | 1,419,598 | — | 0 | D See footnotes | — · — to — | 1,739,007 Class A Common Stock | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. (F3) Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the settlor, sole annuitant and trustee, and other trusts over whose portfolio securities the Reporting Person exercises voting or dispositive power. |
| 5 | Derivative | Class B Common Stock | 2023-10-04 | D | D | 2,373,433 | — | 0 | I | — · — to — | 2,907,454 Class A Common Stock | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. |
| 6 | Derivative | Class B Common Stock | 2023-10-04 | D | D | 2,597,727 | — | 0 | I See footnotes | — · — to — | 3,182,213 Class A Common Stock | (F1) In connection with the closing of the reclassification of the Issuer's common stock exempt under Rule 16b-7, each share of the Issuer's Class B Common Stock, par value $0.001 (the "Class B Common Stock") was reclassified and converted into 1.225 shares of the Issuer's Class A Common Stock, par value $0.001 (the "Class A Common Stock"). The Class B Common Stock had no expiration date. The conversion of the shares of Class B Common Stock into shares of Class A Common Stock pursuant to the reclassification is also exempt under Rule 16b-3 to the extent of the pecuniary interest in the shares of the Reporting Person. (F4) Represents shares held by trusts of which the Reporting Person is the settlor and over whose trustees the Reporting Person can exercise remove and replace powers. (F2) The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. |