SEC Form 4 · accession 0001003078-18-000176
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Polli
Officer — SVP, PRODUCT MANAGEMENT
Period of report
Jul 26, 2018
Accepted (ET)
Jul 30, 2018 · 5:18 pm EDT
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 | Jul 26, 2018 | M | 8,696 | $66.69 | A | 16,055 | D | |
| Class A Common Stock, $0.001 par valueF2,F1 | Jul 26, 2018 | S | 8,696 | $82.3766 | D | 7,359 | 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)F3,F4 | $66.69 | Jul 26, 2018 | M | 8,696 | D | — | — | Class A Common Stock, $0.001 par value | 8,696 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the company's Associate Stock Purchase Plan.
- F2Represents the sale of 8,696 shares in 29 separate transactions, ranging from $82.215 to $82.78 per share, resulting in a weighted average sale price per share of $82.3766. 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 8,696 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 2,174 shares of Common Stock became exercisable on each of October 21, 2012, October 21, 2013, October 21, 2014 and October 21, 2015.