SEC Form 4 · accession 0001003078-16-000144
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sandler
Officer — Executive Vice Chairman · Director
Period of report
Jan 26, 2016
Accepted (ET)
Jan 27, 2016 · 11:45 am 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 Comon Stock, $0.001 par valueF1,F2 | Jan 26, 2016 | A | 493 | $0.00 | A | 84,980 | D | |
| Class A Comon Stock, $0.001 par valueF3 | holding | — | — | — | 32,678 | I | (see footnote) | |
| Class A Comon Stock, $0.001 par valueF4 | holding | — | — | — | 42,986 | I | (see footnote) |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents dividend equivalent units ("DEUs") accrued on restricted stock units granted to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. DEUs are settled in shares of the Issuer's Class A Common Stock, $0.001 par value, upon the vesting of the underlying restricted stock units.
- F2Not applicable.
- F3Represents shares held in the David K. Sandler Trust U/A dated 12/15/2003 and 4/9/2012, of which the Reporting Person is the beneficiary and the Reporting Person and the Reporting Person's spouse are the trustees.
- F4Represents shares held in GRATs of which the Reporting Person is the sole annuitant and the Reporting Person's spouse is a trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.