SEC Form 4 · accession 0001003078-18-000222
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Wright
Officer — SVP, SALES
Period of report
Oct 17, 2018
Accepted (ET)
Oct 19, 2018 · 3:05 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (right to buy)F1,F2 | $83.21 | Oct 17, 2018 | A | 9,608 | A | — | Oct 16, 2025 | Class A Common Stock, $0.001 par value | 9,608 | 9,608 | D |
| Restricted Stock UnitF3,F4 | — | Oct 17, 2018 | A | 1,982 | A | — | — | Class A Common Stock, $0.001 par value | 1,982 | 1,982 | D |
Explanation of responses
- F1Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
- F2An option to purchase 9,608 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Equity Plan. 2,402 shares of Common Stock become exercisable on each of October 17, 2019, October 17, 2020, October 17, 2021, and October 17, 2022.
- F3Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4396 of 1,982 RSUs granted on October 17, 2018 will vest on each of October 17, 2019, October 17, 2020, and October 17, 2021, and 397 RSUs will vest on each of October 17, 2022, and October 17, 2023, provided that the Reporting Person remains continuously employed by the Issuer through each applicable vesting date. The vested shares will be delivered to the Reporting Person upon vesting.