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MSC INDUSTRIAL DIRECT CO INC — Director's Dealing 2021
Feb 2, 2021
31013_dirs_2021-02-02_f75a52f3-42d4-48d0-9402-047d026f6ea7.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: 2021-01-29
Reporting Person: PALADINO STEVEN (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-01-29 | Class A Common Stock, $0.001 par value | M | 1570 | — | Acquired | 7255 | Direct |
| 2021-01-29 | Class A Common Stock, $0.001 par value | M | 219 | — | Acquired | 7474 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-01-29 | Restricted Stock Units (RSUs) | $ | M | 718 | Disposed | Class A Common Stock, $0.001 par value (718) | Direct | |
| 2021-01-29 | Restricted Stock Units (RSUs) | $ | M | 852 | Disposed | Class A Common Stock, $0.001 par value (852) | Direct | |
| 2021-01-29 | Dividend Equivalent Units | $ | M | 219 | Disposed | Class A Common Stock, $0.001 par value (219) | 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: 717 of these RSUs vested onJanuary 29, 2020 and 718 of these RSUs vested on January 29, 2021.
F4: 852 of these RSUs vested on January 29, 2021 and 852 RSUs vest on January 29, 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.