SEC Form 4 · accession 0001003078-18-000087
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 26, 2018
Accepted (ET)
Feb 15, 2018 · 4:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003078
Table I — non-derivative securities
No Table I lines on this filing.
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,F3,F1 | — | Jan 26, 2018 | G | 9,488 | D | — | — | Class A Common Stock, $0.001 par value | 9,488 | 125,372 | I |
| Class B Common StockF4,F1 | — | Jan 26, 2018 | G | 9,488 | A | — | — | Class A Common Stock, $0.001 par value | 9,488 | 68,528 | I |
| Dividend Equivalent UnitF6 | — | Jan 30, 2018 | A | 197 | A | — | — | Class A Common Stock, $0.001 par value | 197 | 973 | D |
| Class B Common StockF5,F1 | — | holding | — | — | — | — | — | Class A Common Stock, $0.001 par value | 836,819 | 836,819 | D |
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.
- F2Reflects a distribution of 14,947 shares of Class B Common Stock to Mr. Gershwind as an annuity payment from a Grantor Retained Annuity Trust of which the Reporting Person is the sole annuitant and trustee.
- F3Represents 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.
- F4Represents 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.
- F5Includes 14,947 shares of Class B Common Stock distributed to Mr. Gershwind as an annuity payment from a Grantor Retained Annuity Trust of which the Reporting Person is the sole annuitant and trustee.
- F6The 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.