SEC Form 4 · accession 0001003078-18-000052
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
Jan 24, 2018
Accepted (ET)
Jan 26, 2018 · 2:08 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 valueF1,F2 | Jan 24, 2018 | C | 25,000 | — | A | 25,000 | I | See Footnote |
| Class A Common Stock, $0.001 par valueF3,F2 | Jan 24, 2018 | S | 25,000 | $98.66 | D | 0 | I | See Footnote |
| Class A Common Stock, $0.001 par value | holding | — | — | — | 117,885 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B Common StockF2,F1 | — | Jan 24, 2018 | C | 25,000 | D | — | — | Class A Common Stock, $0.001 par value | 25,000 | 59,040 | I |
| Class B Common StockF1 | — | holding | — | — | — | — | — | Class A Common Stock, $0.001 par value | 821,872 | 821,872 | D |
| Class B Common StockF4,F1 | — | holding | — | — | — | — | — | Class A Common Stock, $0.001 par value | 149,807 | 149,807 | I |
Explanation of responses
- F1The Class B Common Stock is convertible immediately on a one-for-one basis into shares of Class A Common Stock and does not expire.
- F2Represents shares of Class B Common Stock held by a trust of which the Reporting Person is a beneficiary and co-trustee. The Reporting Person disclaims beneficial ownership of the shares held by such trust.
- F3Represents the sale of 25,000 shares in 32 separate transactions, ranging from $98.50 to $98.82 per share, resulting in a weighted average sale price per share of $98.66. 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.
- 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.