Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2021-10-19 00:00:00 ET · period of report 2021-10-17 · accession 0001003078-21-000189 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-10-19 | 2021-10-17 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | M - OptEx | $0.00 | +4,112 | 283.9K | +1% | $0 |
| D | 2021-10-19 | 2021-10-17 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | F - Tax | $84.43 | -0.45 | 284.7K | -0.0% | -$37.99 |
| DM | 2021-10-19 | 2021-10-17 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | M - OptEx | $0.00 | -4,112 | 11.3K | -27% | $0 |
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, $0.001 par value | 2021-10-17 | M | A | 807.45 | $0.00 | 284,690 | D | — | — | (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. |
| 2 | Common | Class A Common Stock, $0.001 par value | 2021-10-17 | F | D | 0.45 | $84.43 | 284,690 | D | — | — | (F3) Disposition of Class A Common Stock to the Issuer to partially cover tax withholding obligations arising from the vesting of RSUs and DEUs. |
| 3 | Common | Class A Common Stock, $0.001 par value | 2021-10-17 | M | A | 3,305 | $0.00 | 283,883 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 4 | Derivative | Restricted Stock Units (RSU) | 2021-10-17 | M | D | 3,305 | $0.00 | 6,610 | D | — · — to — | 3,305 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F5) 3,304 of 16,524 RSUs granted on October 17, 2018 vested on October 17, 2019, and 3,305 RSUs vested on October 17, 2020 and October 17, 2021. 3,305 RSUs will vest on each of October 17, 2022, and October 17, 2023, 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. |
| 5 | Derivative | Dividend Equivalent Units | 2021-10-17 | M | D | 807.45 | $0.00 | 11,258 | D | — · — to — | 807.45 Class A Common Stock, $0.001 par value | (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. |