SEC Form 4 · accession 0001003078-17-000196
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Erik Gershwind
Officer — President and CEO · Director
Period of report
Aug 4, 2017
Accepted (ET)
Aug 7, 2017 · 10:24 am 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 4, 2017 | M | 26,758 | $66.69 | A | 81,238 | D | |
| Class A Common Stock, $0.001 par value | Aug 4, 2017 | M | 31,352 | $69.46 | A | 112,590 | 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)F1,F2 | $66.69 | Aug 4, 2017 | M | 26,758 | A | — | Oct 20, 2018 | Class A Common Stock, $0.001 par value | 26,758 | 0 | D |
| Options (right to buy)F1,F3 | $69.46 | Aug 4, 2017 | M | 31,352 | A | — | Oct 23, 2019 | Class A Common Stock, $0.001 par value | 31,352 | 0 | D |
Explanation of responses
- F1Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
- F2An option to purchase 26,758 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Equity Plan. 6,689 shares of Common Stock became exercisable on each of October 21, 2012 and October 21, 2014. An additional 6,690 shares of Common Stock become exercisable on each of October 21, 2013 and October 21, 2015.
- F3An option to purchase 31,352 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Equity Plan. 7,838 shares of Common Stock became exercisable on each of October 24, 2013, October 24, 2014, October 24, 2015, and October 24, 2016.