SEC Form 4 · accession 0001003078-18-000021
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Armstrong
Officer — SVP, GC and Corp. Secy.
Period of report
Jan 16, 2018
Accepted (ET)
Jan 17, 2018 · 4:44 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 16, 2018 | M | 1,681 | $66.69 | A | 13,432 | D | |
| Class A Common Stock, $0.001 par value | Jan 16, 2018 | M | 2,040 | $81.76 | A | 15,472 | D | |
| Class A Common Stock, $0.001 par value | Jan 16, 2018 | M | 15,441 | $69.46 | A | 30,913 | D | |
| Class A Common Stock, $0.001 par valueF1 | Jan 16, 2018 | S | 19,162 | $94.98 | D | 11,751 | 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 | $66.69 | Jan 16, 2018 | M | 1,681 | D | — | Oct 20, 2018 | Class A Common Stock, $0.001 par value | 1,681 | 0 | D |
| Options (right to buy)F2,F4 | $81.76 | Jan 16, 2018 | M | 2,040 | D | — | Oct 22, 2020 | Class A Common Stock, $0.001 par value | 2,040 | 13,741 | D |
| Options (right to buy)F2,F5 | $69.46 | Jan 16, 2018 | M | 15,441 | D | — | Oct 23, 2019 | Class A Common Stock, $0.001 par value | 15,441 | 0 | D |
Explanation of responses
- F1Represents the sale of 19,162 shares in 43 separate transactions, ranging from $94.54 to $95.25 per share, resulting in a weighted average sale price per share of $94.9761. 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 13,379 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 3,344 shares of Common Stock became exercisable on October 21, 2012, and 3,345 became exercisable on each of October 21, 2013, October 21, 2014, and October 21, 2015.
- F4An option to purchase 15,781 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 3,945 shares of Common Stock became exercisable on each of October 23, 2014, October 23, 2015, and October 23, 2016, and 3,946 became exercisable on October 23, 2017.
- F5An option to purchase 15,441 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 3,860 shares of Common Stock became exercisable on each of October 24, 2013, October 24, 2014, and October 24, 2015, and 3,861 became exercisable on October 24, 2016.