SEC Form 4 · accession 0001144204-15-004547
MSC INDUSTRIAL DIRECT CO INC · MSM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sandler
Officer — Executive Vice Chairman · Director
Period of report
Jan 27, 2015
Accepted (ET)
Jan 29, 2015 · 1:48 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,F2 | Jan 8, 2015 | G | 20,000 | — | D | 121,559 | D | |
| Class A Common Stock, $0.001 par value | Jan 27, 2015 | A | 366 | $0.00 | A | 121,926 | D | |
| Class A Common Stock, $0.001 par valueF4 | holding | — | — | — | 37,032 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares transferred on January 8, 2015 to a grantor retained annuity trust ("GRAT"), of which the Reporting Person is the sole annuitant and the Reporting Person's spouse is a trustee.
- F2Not applicable.
- F3Represents dividend equivalent units ("DEUs") accrued on restricted stock units granted to the Reporting Person under the Issuer's 2005 Omnibus Incentive Plan. DEUs are settled in shares of the Issuer's Class A Common Stock, $0.001 par value, upon the vesting of the underlying restricted stock units.
- F4Represents shares held in GRATs of which the Reporting Person is the sole annuitant and the Reporting Person's spouse is a trustee. The Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.