SEC Form 4 · accession 0001003078-18-000054
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles Bonomo
Officer — Senior VP and CIO
Period of report
Jan 24, 2018
Accepted (ET)
Jan 26, 2018 · 2:12 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 | Jan 24, 2018 | M | 4,903 | $58.90 | A | 6,816 | D | |
| Class A Common Stock, $0.001 par valueF2,F1 | Jan 24, 2018 | S | 4,903 | $97.4276 | D | 1,913 | D | |
| Class A Common Stock, $0.001 par valueF1 | Jan 25, 2018 | M | 10,043 | $69.46 | A | 11,956 | D | |
| Class A Common Stock, $0.001 par valueF1 | Jan 25, 2018 | S | 10,043 | $99.45 | D | 1,913 | D | |
| Class A Common Stock, $0.001 par value | holding | — | — | — | 482 | I | By 401(k) plan. |
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)F3,F4 | $58.90 | Jan 24, 2018 | M | 4,903 | D | — | Oct 18, 2022 | Class A Common Stock, $0.001 par value | 4,903 | 9,807 | D |
| Options (right to buy)F3,F5 | $69.46 | Jan 25, 2018 | M | 10,043 | D | — | Oct 23, 2019 | Class A Common Stock, $0.001 par value | 10,043 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the company's Associate Stock Purchase Plan.
- F2Represents the sale of 4,903 shares in 2 separate transactions, ranging from $97.4022 to $97.485 per share, resulting in a weighted average sale price per share of $97.427599. 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.
- F3Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
- F4An option to purchase 19,613 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 4,903 shares of Common Stock became exercisable on October 19, 2016, and October 19, 2017, and will become exercisable on October 19, 2018. 4,904 shares of Common Stock will become exercisable on October 19, 2019.
- F5An option to purchase 13,291 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 3,322 shares of Common Stock became exercisable on October 24, 2013, and 3,323 shares of Common Stock became exercisable on October 24, 2014, October 24, 2015, and October 24, 2016