SEC Form 4 · accession 0001003078-17-000242
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rustom Jilla
Officer — EVP & Chief Financial Officer
Period of report
Oct 20, 2017
Accepted (ET)
Oct 24, 2017 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003078
Table I — non-derivative securities
No Table I lines on this filing.
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 | $79.60 | Oct 20, 2017 | A | 27,551 | A | — | Oct 19, 2024 | Class A Common Stock, $0.001 par value | 27,551 | 27,551 | D |
| Restricted Stock UnitF3,F4 | — | Oct 20, 2017 | A | 5,182 | A | — | — | Class A Common Stock, $0.001 par value | 5,182 | 5,182 | 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 27,551 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 6,887 shares of Common Stock become exercisable on October 20, 2018, and 6,888 shares of Common Stock become exercisable on each of October 20, 2019, October 20, 2020, and October 20, 2021.
- F3Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F41,036 of 5,182 RSUs granted on October 20, 2017 will vest on each of October 20, 2018, October 20, 2019, and October 20, 2020, and 1,037 RSUs will vest on each of October 20, 2021, and October 20, 2022, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.