WRIGHT DAVID 4
4 · MSC INDUSTRIAL DIRECT CO INC · Filed Oct 30, 2018
Insider Transaction Report
Form 4
WRIGHT DAVID
SVP, SALES
Transactions
- Exercise/Conversion
Restricted Stock Units (RSU)
2018-10-26−353→ 5,448 total→ Class A Common Stock, $0.001 par value (353 underlying) - Exercise/Conversion
Class A Common Stock, $0.001 par value
2018-10-26+353→ 19,762 total - Exercise/Conversion
Class A Common Stock, $0.001 par value
2018-10-26+16.726→ 19,779 total - Tax Payment
Class A Common Stock, $0.001 par value
2018-10-26$76.83/sh−109.726$8,430→ 19,669 total - Exercise/Conversion
Dividend Equivalent Units (DEU)
2018-10-26−16.726→ 149 total→ Class A Common Stock, $0.001 par value (16.726 underlying)
Holdings
- 2,731(indirect: By 401(k))
Class A Common Stock, $0.001 par value
Footnotes (5)
- [F1]Each RSU represents a contingent right to receive one share of Common Stock.
- [F2]Includes shares acquired under the company's Associate Stock Purchase Plan.
- [F3]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 to receive one share of Common Stock.
- [F4]Disposition of Class A Common Stock to the Issuer solely to cover tax withholding obligations arising from the vesting of RSUs and DEUs.
- [F5]353 of 1,766 RSUs granted on October 26, 2016 vested on each of October 26, 2017, and October 26, 2018. 353 RSUs vest on each of October 26, 2019, and October 26, 2020, and 354 RSUs vest on October 26, 2022, 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.