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MSC INDUSTRIAL DIRECT CO INC — Director's Dealing 2021
Oct 28, 2021
31013_dirs_2021-10-28_fc036e50-c180-46ad-98c9-83ea5e7e1ea2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MSC INDUSTRIAL DIRECT CO INC (MSM)
CIK: 0001003078
Period of Report: 2021-10-26
Reporting Person: GERSHWIND ERIK (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-26 | Class A Common Stock, $0.001 par value | M | 2314 | — | Acquired | 290532 | Direct |
| 2021-10-26 | Class A Common Stock, $0.001 par value | M | 701.769 | — | Acquired | 291234 | Direct |
| 2021-10-26 | Class A Common Stock, $0.001 par value | F | 0.769 | $81.9 | Disposed | 291233 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-26 | Restricted Stock Units (RSU) | $ | M | 2314 | Disposed | Class A Common Stock, $0.001 par value (2314) | Direct | |
| 2021-10-26 | Dividend Equivalent Units | $ | M | 701.769 | Disposed | Class A Common Stock, $0.001 par value (701.769) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class A Common Stock, $0.001 par value | 162457 | Indirect |
Footnotes
F1: Each RSU 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.
F3: Disposition of Class A Common Stock to the Issuer to partially cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F4: Represents shares of Class A Common Stock held by a trust, the beneficiaries of which are family members of the Reporting Person. The Reporting Person disclaims Section 16 beneficial ownership of the shares held in the trust, except to the extent of his pecuniary interest therein.
F5: 2,313 of 11,566 RSUs granted on October 26, 2016 vested on each of October 26, 2017, October 26, 2018, October 26, 2019, and October 26, 2020, and 2,314 RSUs vested on October 26, 2021.