SEC Form 4 · accession 0001003078-16-000277
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Armstrong
Officer — SVP, GC and Corp. Secy.
Period of report
Aug 19, 2016
Accepted (ET)
Aug 22, 2016 · 12:55 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 value | Aug 19, 2016 | M | 3,732 | $44.17 | A | 16,144 | D | |
| Class A Common Stock, $0.001 par valueF1 | Aug 19, 2016 | S | 3,732 | $73.3462 | D | 12,412 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F2,F3 | $44.17 | Aug 19, 2016 | M | 3,732 | D | — | Oct 12, 2016 | Class A Common Stock, $0.001 par value | 3,732 | 0 | D |
Explanation of responses
- F1Represents the sale of 3,732 shares in 44 separate transactions, ranging from $72.9700 to $73.5300 per share, resulting in a weighted average sale price per share of $73.3462. 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 options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
- F3An option to purchase 18,928 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Equity Plan. 4,732 shares of Common Stock became exercisable on each of October 13, 2010, October 13, 2011, October 13, 2012 and October 13, 2013.