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MSC INDUSTRIAL DIRECT CO INC — Director's Dealing 2021
Jun 29, 2021
31013_dirs_2021-06-29_e0aef47e-bf09-46e0-8428-005c84fe82b4.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: 2021-06-29
Reporting Person: Martin Edward F Jr (SVP, Sales & Customer Success)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-25 | Class A Common Stock, $0.001 par value | M | 828 | — | Acquired | 828 | Direct |
| 2021-06-25 | Class A Common Stock, $0.001 par value | M | 170.8615 | — | Acquired | 999 | Direct |
| 2021-06-25 | Class A Common Stock, $0.001 par value | F | 293.8615 | $89.96 | Disposed | 705 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-11-24 | Dividend Equivalent Units | $ | A | 102.686 | Acquired | Class A Common Stock, $0.001 par value (102.686) | Direct | |
| 2020-12-15 | Dividend Equivalent Units | $ | A | 497.928 | Acquired | Class A Common Stock, $0.001 par value (497.928) | Direct | |
| 2021-01-26 | Dividend Equivalent Units | $ | A | 117.539 | Acquired | Class A Common Stock, $0.001 par value (117.539) | Direct | |
| 2021-04-27 | Dividend Equivalent Units | $ | A | 103.489 | Acquired | Class A Common Stock, $0.001 par value (103.489) | Direct | |
| 2021-06-25 | Restricted Stock Units (RSU) | $ | M | 828 | Disposed | Class A Common Stock, $0.001 par value (828) | Direct | |
| 2021-06-25 | Dividend Equivalent Units | $ | M | 170.8615 | Disposed | Class A Common Stock, $0.001 par value (170.8615) | 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: Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
F4: 828 RSUs of 4,143 RSUs granted on June 25, 2019 vested on June 25, 2020 and June 25, 2021. The remaining three tranches, each containing 829 RSUs, vest on June 25, 2022, June 25, 2023 and June 25, 2024, 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.