MSC Industrial Direct (MSM) Form 4 MSC INDUSTRIAL DIRECT / GREGORY POLLI ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

POLLI GREGORY

(Last) (First) (Middle)

C/O MSC INDUSTRIAL DIRECT CO., INC.

515 BROADHOLLOW ROAD

(Street)

MELVILLE NY US 11747

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MSC INDUSTRIAL DIRECT CO INC [ MSM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
SVP, PRODUCT MANAGEMENT

3. Date of Earliest Transaction (Month/Day/Year)
11/05/2021

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock, $0.001 par value	11/06/2021		M		651	A	$0(1)	10,727(2)	D
Class A Common Stock, $0.001 par value	11/06/2021		M		132.443	A	$0(3)	10,860(2)	D
Class A Common Stock, $0.001 par value	11/06/2021		F		260.443(4)	D	$84.96	10,599(2)	D
Class A Common Stock, $0.001 par value	11/06/2021		M		664	A	$0(1)	11,263(2)	D
Class A Common Stock, $0.001 par value	11/06/2021		M		51.753	A	$0(3)	11,315(2)	D
Class A Common Stock, $0.001 par value	11/06/2021		F		231.753(4)	D	$84.96	11,083(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (RSU)	(1)	11/05/2021		A		1,559		(5)	(5)	Class A Common Stock, $0.001 par value	1,559	$0	1,559	D
Restricted Stock Units (RSU)	(1)	11/06/2021		M			651	(6)	(6)	Class A Common Stock, $0.001 par value	651	$0	1,302	D
Dividend Equivalent Units	(3)	11/06/2021		M			132.443	(3)	(3)	Class A Common Stock, $0.001 par value	132.443	$0	745	D
Restricted Stock Units (RSU)	(1)	11/06/2021		M			664	(7)	(7)	Class A Common Stock, $0.001 par value	664	$0	1,993	D
Dividend Equivalent Units	(3)	11/06/2021		M			51.753	(3)	(3)	Class A Common Stock, $0.001 par value	51.753	$0	693	D

Explanation of Responses:

1. Each RSU represents a contingent right to receive one share of Common Stock.

2. Includes shares acquired under the company's Associate Stock Purchase Plan.

3. 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.

4. Disposition of Class A Common Stock to the Issuer to cover tax withholding obligations arising from the vesting of RSUs and DEUs.

5. 1,559 RSUs were granted on November 5, 2021. 389 RSUs vest on November 5, 2022, and 390 RSUs vest on each of November 5, 2023, November 5, 2024 and November 5, 2025, 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.

6. 651 of 2,604 RSUs granted on November 6, 2019 vested on each of November 6, 2020 and November 6, 2021. 651 RSUs vest on each of November 6, 2022 and November 6, 2023, 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.

7. 664 of 2,657 RSUs granted on November 6, 2020 vested on November 6, 2021. 664 RSUs vest on each of November 6, 2022 and November 6, 2023, and 665 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.

	/s/ Gregory Polli	11/09/2021
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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