Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2021-11-09 00:00:00 ET · period of report 2021-11-05 · accession 0001003078-21-000235 · 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 | 2021-11-09 | 2021-11-06 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | M - OptEx | $0.00 | +18.4K | 309.6K | +6% | $0 |
| DM | 2021-11-09 | 2021-11-06 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | F - Tax | $84.96 | -1.30 | 309.6K | -0.0% | -$110.45 |
| D | 2021-11-09 | 2021-11-05 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | A - Grant | $0.00 | +19.1K | 19.1K | New | $0 |
| DM | 2021-11-09 | 2021-11-06 | MSM | GERSHWIND ERIK | Pres, CEO, Dir | M - OptEx | $0.00 | -18.4K | 16.0K | -54% | $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 | M | A | 1,624.31 | $0.00 | 300,841 | 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 | 2021-11-06 | F | D | 0.31 | $84.96 | 300,841 | 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 | 2021-11-06 | M | A | 8,147 | $0.00 | 308,988 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 4 | Common | Class A Common Stock, $0.001 par value | 2021-11-06 | M | A | 7,984 | $0.00 | 299,217 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 5 | Common | Class A Common Stock, $0.001 par value | 2021-11-06 | M | A | 634.99 | $0.00 | 309,623 | 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. |
| 6 | Common | Class A Common Stock, $0.001 par value | 2021-11-06 | F | D | 0.99 | $84.96 | 309,622 | 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. |
| 7 | Derivative | Restricted Stock Units (RSU) | 2021-11-05 | A | A | 19,126 | $0.00 | 19,126 | D | — · — to — | 19,126 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F5) 19,126 RSUs were granted on November 5, 2021. 4,781 RSUs vest on each of November 5, 2022 and November 5, 2023, and 4,782 RSUs vest on each of November 5, 2024 and 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. |
| 8 | Derivative | Dividend Equivalent Units | 2021-11-06 | M | D | 1,624.31 | $0.00 | 8,168 | D | — · — to — | 1,624.31 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. |
| 9 | Derivative | Restricted Stock Units (RSU) | 2021-11-06 | M | D | 8,147 | $0.00 | 24,444 | D | — · — to — | 8,147 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F7) 8,147 of 32,591 RSUs granted on November 6, 2020 vested on November 6, 2021. 8,148 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. |
| 10 | Derivative | Dividend Equivalent Units | 2021-11-06 | M | D | 634.99 | $0.00 | 7,533 | D | — · — to — | 634.99 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. |
| 11 | Derivative | Restricted Stock Units (RSU) | 2021-11-06 | M | D | 7,984 | $0.00 | 15,969 | D | — · — to — | 7,984 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F6) 7,984 of 31,937 RSUs granted on November 6, 2019 vested on each of November 6, 2020 and November 6, 2021. 7,984 RSUs vest on November 6, 2022, and 7,985 RSUs vest on November 6, 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. |