Actis-Grande Kristen 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Nov 7, 2024
Insider Transaction Report
Form 4
Actis-Grande Kristen
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2024-11-05−956→ 957 total→ Class A Common Stock, $0.001 par value (956 underlying) - Exercise/Conversion
Dividend Equivalent Units
2024-11-05−109.425→ 786 total→ Class A Common Stock, $0.001 par value (109.425 underlying) - Award
Class A Common Stock, $0.001 par value
2024-11-05+437.815→ 11,947 total - Exercise/Conversion
Class A Common Stock, $0.001 par value
2024-11-05+956→ 11,668 total - Award
Class A Common Stock, $0.001 par value
2024-11-05+3,825→ 11,509 total - Tax Payment
Class A Common Stock, $0.001 par value
2024-11-05$82.06/sh−1,234.815$101,329→ 10,712 total - Tax Payment
Class A Common Stock, $0.001 par value
2024-11-05$82.06/sh−309.425$25,391→ 11,468 total - Exercise/Conversion
Class A Common Stock, $0.001 par value
2024-11-05+109.425→ 11,777 total
Footnotes (7)
- [F1]Represents the number of shares acquired upon vesting of previously awarded performance share units (PSUs) upon determination by the Compensation Committee of the satisfaction of the underlying performance criteria of such PSUs.
- [F2]The dividend equivalent units accrued with respect to outstanding awards of PSUs and vest at the same time(s) as the underlying PSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
- [F3]Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance share units (PSUs).
- [F4]Each RSU represents a contingent right to receive one share of Common Stock.
- [F5]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.
- [F6]Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
- [F7]3,825 RSUs were granted on November 5, 2021. 956 RSUs vested on each of November 5, 2022, November 5, 2023 and November 5, 2024. 957 RSUs vest on 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.