SEC Form 4 · accession 0001003078-18-000060
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Fradin
Director
Period of report
Jan 25, 2018
Accepted (ET)
Jan 29, 2018 · 4:55 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 26, 2018 | M | 555 | $0.00 | A | 35,762 | D | |
| Class A Common Stock, $0.001 par valueF2 | Jan 26, 2018 | M | 9 | $0.00 | A | 35,771 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (RSU)F1,F3 | — | Jan 25, 2018 | A | 1,161 | A | — | — | Class A Common Stock, $0.001 par value | 1,161 | 2,271 | D |
| Restricted Stock Units (RSU)F1,F4 | — | Jan 26, 2018 | M | 555 | D | — | — | Class A Common Stock, $0.001 par value | 555 | 1,716 | D |
| Dividend Equivalent Units (DEU)F2 | — | Jan 26, 2018 | M | 10 | D | — | — | Class A Common Stock, $0.001 par value | 10 | 10 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2The dividend equivalent units accrued with respect to an outstanding award of restricted stock units (RSUs) and vest at the same time(s) as the underlying RSUs. Each dividend equivalent unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3580 of these RSUs will vest on January 25, 2019 and 581 of these RSUs will vest on January 25, 2020, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.
- F4555 of 1,110 RSUs granted on January 26, 2017 have vested on January 26, 2018, and will vest January 26, 2019, provided that the Reporting Person continues to serve as Outside Director through the applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.