SEC Form 4 · accession 0001003078-18-000013
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Davanzo
Officer — SVP, Finance and Controller
Period of report
Jan 11, 2018
Accepted (ET)
Jan 12, 2018 · 5:09 pm EST
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 | Jan 11, 2018 | M | 5,884 | $58.90 | A | 12,432 | D | |
| Class A Common Stock, $0.001 par value | Jan 11, 2018 | M | 6,162 | $83.03 | A | 18,594 | D | |
| Class A Common Stock, $0.001 par valueF1 | Jan 11, 2018 | S | 12,046 | $93.43 | D | 6,548 | 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 | $58.90 | Jan 11, 2018 | M | 5,884 | D | — | Oct 18, 2022 | Class A Common Stock, $0.001 par value | 5,884 | 5,884 | D |
| Options (right to buy)F2,F4 | $83.03 | Jan 11, 2018 | M | 6,162 | D | — | Oct 21, 2021 | Class A Common Stock, $0.001 par value | 6,162 | 2,054 | D |
Explanation of responses
- F1Represents the sale of 12,046 shares in 41 separate transactions, ranging from $92.8001 to $93.675 per share, resulting in a weighted average sale price per share of $93.43003. 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 11,768 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 2,942 shares of Common Stock became exercisable on each of October 19, 2016, and October 19, 2017, and 2,942 become exercisable on October 19, 2018, and October 19, 2019.
- F4An option to purchase 8,216 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 2,054 shares of Common Stock became exercisable on each of October 22, 2015, October 22, 2016, and October 22, 2017, and 2,054 become exercisable on October 22, 2018.