SEC Form 4 · accession 0001003078-19-000078
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
Feb 7, 2019
Accepted (ET)
Feb 11, 2019 · 5:02 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 | Feb 7, 2019 | M | 10,036 | $69.46 | A | 18,164 | D | |
| Class A Common Stock, $0.001 par valueF2,F1 | Feb 7, 2019 | S | 12,736 | $82.5974 | D | 5,428 | 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 | $69.46 | Feb 7, 2019 | M | 10,036 | D | — | Oct 23, 2019 | Class A Common Stock, $0.001 par value | 10,036 | 0 | D |
Explanation of responses
- F1Includes shares acquired under the company's Associate Stock Purchase Plan.
- F2Represents the sale of 12,735.9381 shares in 50 separate transactions, ranging from $82.42 to $82.90 per share, resulting in a weighted average sale price per share of $82.5974. 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 10,036 shares of the Issuer's Common Stock was issued to the Reporting Person under the Issuer's 2015 Omnibus Equity Plan. 2,509 shares of Common Stock became exercisable on each of October 24, 2013, October 24, 2014, October 24, 2015, and October 24, 2016.