Hill John 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Apr 20, 2023
Insider Transaction Report
Form 4
Hill John
SVP, Chief Digital Info Offr.
Transactions
- Exercise/Conversion
Dividend Equivalent Units
2023-04-18−29.981→ 154 total→ Class A Common Stock, $0.001 par value (29.981 underlying) - Exercise/Conversion
Class A Common Stock, $0.001 par value
2023-04-18+29.981→ 1,065 total - Exercise/Conversion
Restricted Stock Units (RSU)
2023-04-18−1,035→ 3,105 total→ Class A Common Stock, $0.001 par value (1,035 underlying) - Exercise/Conversion
Class A Common Stock, $0.001 par value
2023-04-18+1,035→ 1,035 total - Tax Payment
Class A Common Stock, $0.001 par value
2023-04-18$90.12/sh−255.981$23,069→ 809 total
Footnotes (5)
- [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]4,140 RSUs were granted on April 18, 2022. 1,035 RSUs vested on April 18, 2023. 1,035 RSUs vest on each of April 18, 2024, April 18, 2025 and April 18, 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.
- [F5]Includes 39.204 dividend equivalent units accrued on July 26, 2022, 70.832 dividend equivalent units accrued on November 29, 2022 and 74.204 dividend equivalent units accrued on January 24, 2023 with respect to outstanding awards of restricted stock units (RSUs). Such dividend equivalent units vest at the same time(s) as the underlying RSUs and represent a contingent right to receive one share of Common Stock.