Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2023-04-20 00:00:00 ET · period of report 2023-04-18 · accession 0001003078-23-000054 · 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 | 2023-04-20 | 2023-04-18 | MSM | Hill John | SVP, Chief Digital Info Offr | F - Tax | $90.12 | -255.98 | 809 | -24% | -$23.1K |
| DM | 2023-04-20 | 2023-04-18 | MSM | Hill John | SVP, Chief Digital Info Offr | M - OptEx | $0.00 | +1,065 | 1,035 | New | $0 |
| DM | 2023-04-20 | 2023-04-18 | MSM | Hill John | SVP, Chief Digital Info Offr | M - OptEx | $0.00 | -1,065 | 154 | -87% | $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 | 2023-04-18 | F | D | 255.98 | $90.12 | 809 | 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 | 2023-04-18 | M | A | 29.98 | $0.00 | 1,065 | 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 | 2023-04-18 | M | A | 1,035 | $0.00 | 1,035 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 4 | Derivative | Restricted Stock Units (RSU) | 2023-04-18 | M | D | 1,035 | $0.00 | 3,105 | D | — · — to — | 1,035 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F4) 4,140 RSUs were granted on April 18, 2022. 1,035 RSUs vested on April 18, 2023. 1,035 RSUs vest on each of April 18, 2024, April 18, 2025 and April 18, 2026, 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 | 2023-04-18 | M | D | 29.98 | $0.00 | 154 | D | — · — to — | 29.98 Class A Common Stock, $0.001 par value | (F5) Includes 39.204 dividend equivalent units accrued on July 26, 2022, 70.832 dividend equivalent units accrued on November 29, 2022 and 74.204 dividend equivalent units accrued on January 24, 2023 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. (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. |