Form 4 for MSM MSC INDUSTRIAL DIRECT CO INC
Accepted 2024-11-05 00:00:00 ET · period of report 2024-11-03 · accession 0001003078-24-000117 · 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 | 2024-11-05 | 2024-11-03 | MSM | GERSHWIND ERIK | CEO, Dir | M - OptEx | $0.00 | +4,703 | 1.43M | +0.3% | $0 |
| D | 2024-11-05 | 2024-11-03 | MSM | GERSHWIND ERIK | CEO, Dir | F - Tax | $80.70 | -1,696 | 1.43M | -0.1% | -$136.9K |
| DM | 2024-11-05 | 2024-11-03 | MSM | GERSHWIND ERIK | CEO, Dir | M - OptEx | $0.00 | -4,703 | 13.6K | -26% | $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 | 2024-11-03 | M | A | 4,538 | $0.00 | 1,432,813 | D | — | — | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F2) Includes transfers of an aggregate of 57,176 shares of Class A Common Stock to Mr. Gershwind from Grantor Retained Annuity Trusts, of which the Reporting Person is the sole annuitant and trustee. |
| 2 | Common | Class A Common Stock, $0.001 par value | 2024-11-03 | M | A | 165.41 | $0.00 | 1,432,978 | D | — | — | (F3) 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 | 2024-11-03 | F | D | 1,696.41 | $80.70 | 1,431,282 | D | — | — | (F4) Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs. |
| 4 | Derivative | Dividend Equivalent Units | 2024-11-03 | M | D | 165.41 | $0.00 | 4,327 | D | — · — to — | 165.41 Class A Common Stock, $0.001 par value | (F11) Includes 453.483 dividend equivalent units accrued on November 28, 2023, 460.142 dividend equivalent units accrued on January 23, 2024, 481.404 dividend equivalent units accrued on April 23, 2024, and 543.304 dividend equivalent units accrued on July 23, 2024, 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. (F3) 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) | 2024-11-03 | M | D | 4,538 | $0.00 | 13,614 | D | — · — to — | 4,538 Class A Common Stock, $0.001 par value | (F1) Each RSU represents a contingent right to receive one share of Common Stock. (F10) 18,152 RSUs were granted on November 3, 2023. 4,538 RSUs vested on November 3, 2024. 4,538 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. |