SEC Form 4 · accession 0001003078-18-000044
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 23, 2018
Accepted (ET)
Jan 24, 2018 · 5:37 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 23, 2018 | M | 2,991 | $71.33 | A | 9,539 | D | |
| Class A Common Stock, $0.001 par value | Jan 23, 2018 | M | 8,117 | $81.76 | A | 17,656 | D | |
| Class A Common Stock, $0.001 par value | Jan 23, 2018 | S | 11,108 | $95.00 | 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)F1,F2 | $71.33 | Jan 23, 2018 | M | 2,991 | D | — | Oct 25, 2023 | Class A Common Stock, $0.001 par value | 2,991 | 8,973 | D |
| Options (right to buy)F1,F3 | $81.76 | Jan 23, 2018 | M | 8,117 | D | — | Oct 22, 2020 | Class A Common Stock, $0.001 par value | 8,117 | 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 11,964 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 2,991 shares of Common Stock became exercisable on October 26, 2017, and will become exercisable on each of October 26, 2018, October 26, 2019, and October 26, 2020.
- F3An option to purchase 8,117 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 2,029 shares of Common Stock became exercisable on each of October 23, 2014, October 23, 2015, and October 23, 2016, and 2,030 shares became exercisable on October 23, 2017.