SEC Form 4 · accession 0001003078-16-000194
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
David Sandler
Officer — Executive Vice Chairman · Director
Period of report
May 10, 2016
Accepted (ET)
May 11, 2016 · 3:18 pm EDT
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 Stock, $0.001 par valueF1 | May 10, 2016 | S | 5,411 | $75.9915 | D | 79,968 | D | |
| Class A Common Stock, $0.001 par valueF2 | holding | — | — | — | 42,986 | I | See Footnote | |
| Class A Common Stock, $0.001 par valueF3 | holding | — | — | — | 32,678 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the sale of 5,411 shares in 4 separate transactions, ranging from $75.950 to $76.01 per share, resulting in a weighted average sale price per share of $75.9915. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the range.
- F2Represents 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.
- 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.