SEC Form 4 · accession 0001003078-18-000305
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
Nov 2, 2018
Accepted (ET)
Nov 6, 2018 · 11:18 am 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 value | Nov 2, 2018 | M | 45,393 | $81.76 | A | 151,091 | D | |
| Class A Common Stock, $0.001 par value | Nov 2, 2018 | M | 45,945 | $83.03 | A | 197,036 | 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)F1,F2 | $81.76 | Nov 2, 2018 | M | 45,393 | D | — | Oct 22, 2020 | Class A Common Stock, $0.001 par value | 45,393 | 0 | D |
| Options (right to buy)F3 | $83.03 | Nov 2, 2018 | M | 45,945 | D | — | Oct 21, 2021 | Class A Common Stock, $0.001 par value | 45,945 | 0 | 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 45,393 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 11,348 shares of Common Stock became exercisable on each of October 23, 2014, October 23, 2015, and October 23, 2016. 11,349 shares of Common Stock became exercisable on October 23, 2017.
- F3An option to purchase 45,945 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. 11,486 shares of Common Stock became exercisable on each of October 22, 2015, October 22, 2016, and October 22, 2017. 11,487 shares of Common Stock became exercisable on October 22, 2018.