Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2021-11-09 00:00:00 ET · period of report 2021-11-05 · accession 0001003078-21-000233 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-09 | 2021-11-06 | MSM | Actis-Grande Kristen | EVP, CFO | F - Tax | $84.96 | -441.40 | 1,618 | -21% | -$37.5K |
| DM | 2021-11-09 | 2021-11-06 | MSM | Actis-Grande Kristen | EVP, CFO | M - OptEx | $0.00 | +1,485 | 1,952 | +318% | $0 |
| DM | 2021-11-09 | 2021-11-06 | MSM | Actis-Grande Kristen | EVP, CFO | M - OptEx | $0.00 | -1,485 | 4,137 | -26% | $0 |
| D | 2021-11-09 | 2021-11-05 | MSM | Actis-Grande Kristen | EVP, CFO | A - Grant | $0.00 | +3,825 | 3,825 | New | $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 | 2021-11-06 | F | D | 441.40 | $84.96 | 1,618 | D | — | — | (F3) Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. |
| 2 | Common | Class A Common Stock, $0.001 par value | 2021-11-06 | M | A | 107.40 | $0.00 | 2,059 | 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. |
| 3 | Common | Class A Common Stock, $0.001 par value | 2021-11-06 | M | A | 1,378 | $0.00 | 1,952 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 4 | Derivative | Dividend Equivalent Units | 2021-11-06 | M | D | 107.40 | $0.00 | 500 | D | — · — to — | 107.40 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. |
| 5 | Derivative | Restricted Stock Units (RSU) | 2021-11-06 | M | D | 1,378 | $0.00 | 4,137 | D | — · — to — | 1,378 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F5) 1,378 of 5,515 RSUs granted on November 6, 2020 vested on November 6, 2021. 1,379 RSUs vest on each of November 6, 2022, November 6, 2023, and 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. |
| 6 | Derivative | Restricted Stock Units (RSU) | 2021-11-05 | A | A | 3,825 | $0.00 | 3,825 | D | — · — to — | 3,825 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F4) 3,825 RSUs were granted on November 5, 2021. 956 RSUs vest on each of November 5, 2022, November 5, 2023 and November 5, 2024, and 957 RSUs vest on November 5, 2025, 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. |