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MSC INDUSTRIAL DIRECT CO INC — Director's Dealing 2021
Sep 10, 2021
31013_dirs_2021-09-10_c8d8c525-1c83-4e6d-96bc-136e98c3710f.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: 2021-09-08
Reporting Person: Seseri Rudina (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-08 | Class A Common Stock, $0.001 par value | M | 361 | — | Acquired | 361 | Direct |
| 2021-09-08 | Class A Common Stock, $0.001 par value | M | 28 | — | Acquired | 389 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-08 | Restricted Stock Units (RSU) | $ | M | 361 | Disposed | Class A Common Stock, $0.001 par value (361) | Direct | |
| 2021-09-08 | Dividend Equivalent Units | $ | M | 28 | Disposed | Class A Common Stock, $0.001 par value (28) | Direct |
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: 361 of 723 RSUs granted on September 8, 2020 vested on September 8, 2021. The remaining tranche containing 362 RSUs will vest on September 8, 2022 provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.