0001003078-23-000118.txt : 20231107
0001003078-23-000118.hdr.sgml : 20231107
20231107174357
ACCESSION NUMBER: 0001003078-23-000118
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20231106
FILED AS OF DATE: 20231107
DATE AS OF CHANGE: 20231107
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GERSHWIND ERIK
CENTRAL INDEX KEY: 0001200390
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14130
FILM NUMBER: 231385298
MAIL ADDRESS:
STREET 1: C/O MSC INDUSTRIAL DIRECT CO INC
STREET 2: 75 MAXESS ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MSC INDUSTRIAL DIRECT CO INC
CENTRAL INDEX KEY: 0001003078
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-INDUSTRIAL MACHINERY & EQUIPMENT [5084]
IRS NUMBER: 113289165
STATE OF INCORPORATION: NY
FISCAL YEAR END: 0902
BUSINESS ADDRESS:
STREET 1: 515 BROADHOLLOW ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
BUSINESS PHONE: 516-812-2000
MAIL ADDRESS:
STREET 1: 515 BROADHOLLOW ROAD
CITY: MELVILLE
STATE: NY
ZIP: 11747
4
1
wk-form4_1699397021.xml
FORM 4
X0508
4
2023-11-06
0
0001003078
MSC INDUSTRIAL DIRECT CO INC
MSM
0001200390
GERSHWIND ERIK
C/O MSC INDUSTRIAL DIRECT CO., INC.
515 BROADHOLLOW ROAD
MELVILLE
NY
11747
1
1
0
0
President and CEO
0
Class A Common Stock, $0.001 par value
2023-11-06
4
A
0
21726
0
A
1365790
D
Class A Common Stock, $0.001 par value
2023-11-06
4
A
0
3456.081
0
A
1369246
D
Class A Common Stock, $0.001 par value
2023-11-06
4
F
0
12856.081
97.33
D
1356390
D
Class A Common Stock, $0.001 par value
2023-11-06
4
M
0
7985
0
A
1364375
D
Class A Common Stock, $0.001 par value
2023-11-06
4
M
0
2347.805
0
A
1366723
D
Class A Common Stock, $0.001 par value
2023-11-06
4
F
0
5275.805
97.33
D
1361447
D
Class A Common Stock, $0.001 par value
2023-11-06
4
M
0
8148
0
A
1369595
D
Class A Common Stock, $0.001 par value
2023-11-06
4
M
0
1296.15
0
A
1370891
D
Class A Common Stock, $0.001 par value
2023-11-06
4
F
0
4822.15
97.33
D
1366069
D
Class A Common Stock, $0.001 par value
2023-11-07
4
M
0
73469
79.60
A
1439538
D
Class A Common Stock, $0.001 par value
232554
I
See footnotes
Class A Common Stock, $0.001 par value
61027
I
See footnotes
Class A Common Stock, $0.001 par value
302464
I
See footnotes
Class A Common Stock, $0.001 par value
102435
I
See footnotes
Restricted Stock Units (RSU)
2023-11-06
4
M
0
7985
0
D
Class A Common Stock, $0.001 par value
7985
0
D
Dividend Equivalent Units
2023-11-06
4
M
0
2347.805
0
D
Class A Common Stock, $0.001 par value
2347.805
3850
D
Restricted Stock Units (RSU)
2023-11-06
4
M
0
8148
0
D
Class A Common Stock, $0.001 par value
8148
8148
D
Dividend Equivalent Units
2023-11-06
4
M
0
1296.15
0
D
Class A Common Stock, $0.001 par value
1296.15
2554
D
Options (right to buy)
79.60
2023-11-07
4
M
0
73469
0
D
2024-10-19
Class A Common Stock, $0.001 par value
73469
0
D
Represents the number of shares acquired upon vesting of previously awarded performance share units (PSUs) upon determination by the Compensation Committee of the satisfaction of the underlying performance criteria of such PSUs.
The dividend equivalent units accrued with respect to outstanding awards of PSUs and vest at the same time(s) as the underlying PSUs. Each dividend equivalent unit represents a contingent right to receive one share of Common Stock.
Withholding of shares of Common Stock to satisfy tax withholding obligations in connection with the vesting of PSUs and DEUs.
Each RSU represents a contingent right to receive one share of Common Stock.
The 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 ot receive one share of Common Stock.
Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein.
Represents shares held by Grantor Retained Annuity Trusts of which the Reporting Person is the sole annuitant and trustee.
Represents shares held by a trust of which the Reporting Person is a co-trustee and beneficiary.
Represents shares held by trusts over whose trustee the Reporting Person can exercise remove and replace powers and the beneficiaries of which are family members of the Report Person.
Represents shares held by a Trust of which the Reporting Person is a trustee.
31,937 RSUs were granted on November 6, 2019. 7,984 RSUs vested on each of November 6, 2020, November 6, 2021, November 6, 2022, and 7,985 RSUs vested on November 6, 2023.
32,591 RSUs were granted on November 6, 2020. 8,147 RSUs vested on November 6, 2021, and 8,148 RSUs vested on each of November 6, 2022 and November 6, 2023. 8,148 RSUs vest on November 6, 2024, 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.
Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common Stock").
An option to purchase 73,469 shares of the Issuer's Common Stock was issued on October 20, 2017 to the Reporting Person under the Issuer's 2015 Omnibus Incentive Plan. 18,367 shares of Common Stock became exercisable on each of October 20, 2018, October 20, 2019 and October 20, 2020, and 18,368 shares of Common Stock became exercisable on October 20, 2021.
/s/ Erik Gershwind
2023-11-07