SEC Form 4 · accession 0001003078-19-000058
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Paladino
Director
Period of report
Jan 25, 2019
Accepted (ET)
Jan 29, 2019 · 6:20 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 25, 2019 | M | 580 | $0.00 | A | 3,733 | D | |
| Class A Common Stock, $0.001 par valueF2 | Jan 25, 2019 | M | 16 | $0.00 | A | 3,749 | D | |
| Class A Common Stock, $0.001 par valueF1 | Jan 26, 2019 | M | 555 | $0.00 | A | 4,304 | D | |
| Class A Common Stock, $0.001 par valueF2 | Jan 26, 2019 | M | 29 | $0.00 | A | 4,333 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent UnitF2 | — | Jan 22, 2019 | A | 13 | A | — | — | Class A Common Stock, $0.001 par value | 14 | 63 | D |
| Restricted Stock Units (RSU)F1,F3 | — | Jan 25, 2019 | M | 580 | D | — | — | Class A Common Stock, $0.001 par value | 580 | 581 | D |
| Dividend Equivalent Units (DEU)F2 | — | Jan 25, 2019 | M | 16 | D | — | — | Class A Common Stock, $0.001 par value | 16 | 46 | D |
| Restricted Stock Units (RSU)F1,F4 | — | Jan 26, 2019 | M | 555 | D | — | — | Class A Common Stock, $0.001 par value | 555 | 0 | D |
| Dividend Equivalent Units (DEU)F2 | — | Jan 26, 2019 | M | 29 | D | — | — | Class A Common Stock, $0.001 par value | 29 | 17 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of Common Stock.
- F2The dividend equivalent units accrued with respect to outstanding awards 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 Common Stock.
- F3580 of 1,161 RSUs granted on January 25, 2018 vested on January 25, 2019, and 581 shares 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 vested on each of January 26, 2018 and January 26, 2019.