SEC Form 4 · accession 0000950142-17-002069
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell Jacobson
Director · 10% Owner
Period of report
Nov 16, 2017
Accepted (ET)
Nov 20, 2017 · 6:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003078
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F3 | Nov 16, 2017 | C | 135,000 | — | A | 135,000 | I | By Trust |
| Class A Common StockF2,F3 | Nov 16, 2017 | S | 30,803 | $80.64 | D | 104,197 | I | By Trust |
| Class A Common StockF4,F3 | Nov 17, 2017 | S | 33,298 | $80.89 | D | 70,899 | I | By Trust |
| Class A Common StockF5,F3 | Nov 20, 2017 | S | 40,000 | $81.14 | D | 30,899 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF3,F1 | — | Nov 16, 2017 | C | 135,000 | D | — | — | Class A Common Stock | — | 2,843,259 | I |
| Class B Common StockF6,F1 | — | holding | — | — | — | — | — | Class A Common Stock | — | 1,750,684 | I |
| Class B Common StockF5,F1 | — | holding | — | — | — | — | — | Class A Common Stock | — | 2,378,131 | D |
Explanation of responses
- F1The Class B Common Stock is convertible immediately in a one-for-one basis into shares of Class A Common Stock and does not expire.
- F2The price shown in Column 4 is a weighted average sale price. The price range for the sales is $80.50 to $80.93. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Such shares, or trust interests in such shares, are owned by trusts for the benefit of the Reporting Person's son, of which the Reporting Person's spouse is a Trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trust.
- F4The price shown in Column 4 is a weighted average sale price. The price range for the sales is $80.75 to $81.07. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F5The price shown in Column 4 is a weighted average sale price. The price range for the sales is $80.90 to $81.41. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F6The Reporting Person may be deemed to beneficially own such shares as Settlor and Trustee of grantor retained annuity trusts and other trusts. The Reporting Person disclaims beneficial ownership of the shares held by such trusts.