Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2022-09-02 00:00:00 ET · period of report 2022-08-31 · accession 0001003078-22-000093 · 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 | 2022-09-02 | 2022-08-31 | MSM | Actis-Grande Kristen | EVP, CFO | M - OptEx | $0.00 | +847.71 | 2,466 | +52% | $0 |
| D | 2022-09-02 | 2022-08-31 | MSM | Actis-Grande Kristen | EVP, CFO | F - Tax | $79.21 | -252.71 | 2,213 | -10% | -$20.0K |
| DM | 2022-09-02 | 2022-08-31 | MSM | Actis-Grande Kristen | EVP, CFO | M - OptEx | $0.00 | -847.71 | 813 | -51% | $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 | 2022-08-31 | M | A | 758 | $0.00 | 2,376 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 2 | Common | Class A Common Stock, $0.001 par value | 2022-08-31 | M | A | 89.71 | $0.00 | 2,466 | 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 | 2022-08-31 | F | D | 252.71 | $79.21 | 2,213 | D | — | — | (F3) Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. |
| 4 | Derivative | Restricted Stock Units (RSU) | 2022-08-31 | M | D | 758 | $0.00 | 1,518 | D | — · — to — | 758 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F4) 3,034 RSUs were granted on August 31, 2020. 758 RSUs vested on each of August 31, 2021 and August 31, 2022. 759 RSUs vest on each of August 31, 2023 and August 31, 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. |
| 5 | Derivative | Dividend Equivalent Units | 2022-08-31 | M | D | 89.71 | $0.00 | 813 | D | — · — to — | 89.71 Class A Common Stock, $0.001 par value | (F5) Includes 97 dividend equivalent units accrued on April 26, 2022 and 104.505 dividend equivalent units accrued on July 26, 2022 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock. The prior filing on Reporting Date January 25, 2022 inadvertently overstated the Number of Derivative Securities Acquired for Dividend Equivalent Units and has been corrected. (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. |