MSC INDUSTRIAL DIRECT CO INC 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Nov 25, 2015
Insider Transaction Report
Form 4
SANDLER DAVID
DirectorPresident and CEO
Transactions
- Gift
Class A Common Stock, $0.001 par value
2015-10-23−32,678→ 69,947 total - Award
Class A Common Stock, $0.001 par value
2015-11-24+493→ 70,440 total - Gift
Class A Common Stock, $0.001 par value
2015-10-23+32,678→ 89,710 total(indirect: (see footnote))
Footnotes (4)
- [F1]Represents shares transferred on October 23, 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.
- [F2]Not applicable.
- [F3]Represents 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.
- [F4]Represents 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.