Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2023-11-07 00:00:00 ET · period of report 2023-11-03 · accession 0001003078-23-000110 · 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 | 2023-11-07 | 2023-11-04 | MSM | Hill John | SVP, Chief Digital Info Offr | F - Tax | $97.78 | -210.30 | 1,461 | -13% | -$20.6K |
| DM | 2023-11-07 | 2023-11-04 | MSM | Hill John | SVP, Chief Digital Info Offr | M - OptEx | $0.00 | +862.30 | 1,641 | +111% | $0 |
| DM | 2023-11-07 | 2023-11-04 | MSM | Hill John | SVP, Chief Digital Info Offr | M - OptEx | $0.00 | -862.30 | 2,498 | -26% | $0 |
| D | 2023-11-07 | 2023-11-03 | MSM | Hill John | SVP, Chief Digital Info Offr | A - Grant | $0.00 | +3,195 | 3,195 | 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 | 2023-11-04 | F | D | 210.30 | $97.78 | 1,461 | 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 | 2023-11-04 | M | A | 30.30 | $0.00 | 1,671 | 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 ot receive one share of Common Stock. |
| 3 | Common | Class A Common Stock, $0.001 par value | 2023-11-04 | M | A | 832 | $0.00 | 1,641 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. |
| 4 | Derivative | Dividend Equivalent Units | 2023-11-04 | M | D | 30.30 | $0.00 | 235 | D | — · — to — | 30.30 Class A Common Stock, $0.001 par value | (F6) Includes 58.072 dividend equivalent units accrued on April 25, 2023 and 52.509 dividend equivalent units accrued on July 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 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 ot receive one share of Common Stock. |
| 5 | Derivative | Restricted Stock Units (RSU) | 2023-11-04 | M | D | 832 | $0.00 | 2,498 | D | — · — to — | 832 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F5) 3,330 RSUs were granted on November 4, 2022. 832 RSUs vested on November 4, 2023. 832 RSUs vest on November 4, 2024, and 833 RSUs vest on each of November 4, 2025 and November 4, 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. |
| 6 | Derivative | Restricted Stock Units (RSU) | 2023-11-03 | A | A | 3,195 | $0.00 | 3,195 | D | — · — to — | 3,195 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F4) 3,195 RSUs were granted on November 3, 2023. 798 RSUs vest on November 3, 2024, and 799 RSUs vest on each of November 3, 2025, November 3, 2026 and November 3, 2027, 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. |