Filing Details
- Accession Number:
- 0001003078-23-000104
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-11-06 19:18:30
- Reporting Period:
- 2023-11-03
- Accepted Time:
- 2023-11-06 19:18:30
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1003078 | Msc Industrial Direct Co Inc | MSM | Wholesale-Industrial Machinery & Equipment (5084) | 113289165 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1200390 | Erik Gershwind | C/O Msc Industrial Direct Co., Inc. 515 Broadhollow Road Melville NY 11747 | President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, $0.001 Par Value | Disposition | 2023-11-03 | 13,599 | $97.91 | 1,339,052 | No | 4 | S | Direct | |
| Class A Common Stock, $0.001 Par Value | Acquisiton | 2023-11-04 | 4,920 | $0.00 | 1,343,972 | No | 4 | M | Direct | |
| Class A Common Stock, $0.001 Par Value | Acquisiton | 2023-11-04 | 179 | $0.00 | 1,344,151 | No | 4 | M | Direct | |
| Class A Common Stock, $0.001 Par Value | Disposition | 2023-11-04 | 2,603 | $97.78 | 1,341,548 | No | 4 | F | Direct | |
| Class A Common Stock, $0.001 Par Value | Acquisiton | 2023-11-05 | 4,781 | $0.00 | 1,346,329 | No | 4 | M | Direct | |
| Class A Common Stock, $0.001 Par Value | Acquisiton | 2023-11-05 | 360 | $0.00 | 1,346,689 | No | 4 | M | Direct | |
| Class A Common Stock, $0.001 Par Value | Disposition | 2023-11-05 | 2,625 | $97.78 | 1,344,064 | No | 4 | F | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Class A Common Stock, $0.001 Par Value | Restricted Stock Units (RSU) | Acquisiton | 2023-11-03 | 18,152 | $0.00 | 18,152 | $0.00 |
| Class A Common Stock, $0.001 Par Value | Restricted Stock Units (RSU) | Disposition | 2023-11-04 | 4,920 | $0.00 | 4,920 | $0.00 |
| Class A Common Stock, $0.001 Par Value | Dividend Equivalent Units | Disposition | 2023-11-04 | 179 | $0.00 | 179 | $0.00 |
| Class A Common Stock, $0.001 Par Value | Restricted Stock Units (RSU) | Disposition | 2023-11-05 | 4,781 | $0.00 | 4,781 | $0.00 |
| Class A Common Stock, $0.001 Par Value | Dividend Equivalent Units | Disposition | 2023-11-05 | 360 | $0.00 | 360 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,152 | No | 4 | A | Direct | ||
| 14,760 | No | 4 | M | Direct | ||
| 6,557 | No | 4 | M | Direct | ||
| 9,564 | No | 4 | M | Direct | ||
| 6,198 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Class A Common Stock, $0.001 Par Value | 232,554 | Indirect | See footnotes |
| Class A Common Stock, $0.001 Par Value | 61,027 | Indirect | See footnotes |
| Class A Common Stock, $0.001 Par Value | 302,464 | Indirect | See footnotes |
| Class A Common Stock, $0.001 Par Value | 102,435 | Indirect | See footnotes |
Footnotes
- Each RSU represents a contingent right to receive one share of Common Stock.
- 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 ot receive one share of Common Stock.
- Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
- The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
- Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
- Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary.
- Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers and the beneficiaries of which are family members of the Report Person.
- Represents shares held by a Trust of which the Reporting Person is a trustee.
- 18,152 RSUs were granted on November 3, 2023. 4,538 RSUs vest on each of November 3, 2024, 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.
- 19,680 RSUs were granted on November 4, 2022. 4,920 RSUs vested on November 4, 2023. 4,920 RSUs vest on each of November 4, 2024, November 4, 2025 and November 4, 2026, 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.
- 19,126 RSUs were granted on November 5, 2021. 4,781 RSUs vested on each of November 5, 2022 and November 5, 2023. 4,782 RSUs vest on each of November 5, 2024 and November 5, 2025, 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.
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