Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2023-06-30 00:00:00 ET · period of report 2023-06-29 · accession 0001003078-23-000074 · 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 | 2023-06-30 | 2023-06-29 | MSM | Dongre Neal | VP, Gen Counsel, Corp Sec | M - OptEx | $0.00 | +143.03 | 1,122 | +15% | $0 |
| D | 2023-06-30 | 2023-06-29 | MSM | Dongre Neal | VP, Gen Counsel, Corp Sec | F - Tax | $94.29 | -41.03 | 1,081 | -4% | -$3,869 |
| DM | 2023-06-30 | 2023-06-29 | MSM | Dongre Neal | VP, Gen Counsel, Corp Sec | M - OptEx | $0.00 | -143.03 | 123 | -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 | 2023-06-29 | M | A | 123 | $0.00 | 1,102 | 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 | 2023-06-29 | F | D | 41.03 | $94.29 | 1,081 | D | — | — | (F3) Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. |
| 3 | Common | Class A Common Stock, $0.001 par value | 2023-06-29 | M | A | 20.03 | $0.00 | 1,122 | 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. |
| 4 | Derivative | Dividend Equivalent Units | 2023-06-29 | M | D | 20.03 | $0.00 | 169 | D | — · — to — | 20.03 Class A Common Stock, $0.001 par value | (F5) Includes 25.365 dividend equivalent units accrued on November 29, 2022, 26.571 dividend equivalent units accrued on January 24, 2023 and 24.158 dividend equivalent units accrued on April 25, 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. Each dividend equivalent unit represents 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. |
| 5 | Derivative | Restricted Stock Units (RSU) | 2023-06-29 | M | D | 123 | $0.00 | 123 | D | — · — to — | 123 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F4) 491 RSUs were granted on June 29, 2020. 122 RSUs vested on June 29, 2021, and 123 RSUs vested on each of June 29, 2022 and June 29, 2023. 123 RSUs vest on June 29, 2024, provided that the Reporting Person remains continuously employed by the Issuer through the applicable vesting date. RSUs accrue quarterly dividend equivalent units (DEUs) in the form of additional RSUs which vest at the same time(s) as the underlying RSUs. The vested shares will be delivered to the Reporting Person upon vesting. |