SEC Form 4 · accession 0001003078-16-000291
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
Jun 30, 2016
Accepted (ET)
Sep 20, 2016 · 12:48 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,F2 | Jun 30, 2016 | G | 46,944 | $0.00 | D | 1 | I | See Footnote |
| Class A Common Stock, $0.001 par valueF3 | holding | — | — | — | 81,062 | D | ||
| Class A Common Stock, $0.001 par valueF4,F5 | holding | — | — | — | 26,215 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Not applicable.
- F2Represents 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.
- F3Includes 9,639 shares of Class A Common Stock distributed to Mr. Sandler as annuity payments from Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
- F4Reflects aggregate distributions of 9,639 shares of Class A Common Stock to Mr. Sandler as annuity payments from Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
- F5Represents 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.