SEC Form 4 · accession 0001003078-17-000346
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
Nov 10, 2017
Accepted (ET)
Dec 21, 2017 · 5:35 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitF1 | — | Nov 28, 2017 | A | 183 | A | — | — | Class A Common Stock, $0.001 Par Value | 183 | 777 | D |
| Class B Common StockF3,F2 | — | Nov 10, 2017 | G | 22,246 | A | — | — | Class A Common Stock, $0.001 Par Value | 22,246 | 195,881 | I |
| Class B Common StockF4,F2 | — | Nov 10, 2017 | G | 6,618 | D | — | — | Class A Common Stock, $0.001 Par Value | 6,618 | 196,284 | I |
| Class B Common StockF2 | — | holding | — | — | — | — | — | Class A Common Stock, $0.001 Par Value | 803,922 | 803,922 | D |
Explanation of responses
- F1The dividend equivalent units accrued with respect to an outstanding award of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2The Class B Common Stock is convertible immediately on a one-for-one basis into shares of Class A Common Stock and does not expire.
- F3Represents the number of shares of Class B Common Stock held indirectly by the Reporting Person as of the date of this filing through trusts of which the Reporting Person is a beneficiary and co-trustee.
- F4Represents shares of Class B Common Stock held by trusts of which the Reporting Person is the sole annuitant and trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trusts.