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Actionable news in MSM: MSC INDUSTRIAL DIRECT CO. Inc CLASS A,

SVP of MSC Industrial Direct Company just declared owning 5,221 shares of MSC Industrial Direct Company

Steven N Baruch, SVP of MSC Industrial Direct Company, has just filed an initial statement of beneficial ownership where 5,221 shares of MSC Industrial Direct Company were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Baruch. Baruch operates out of Melville, NY. Some additional info was provided as follows:

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. 373 of these RSUs will vest on each of October 19, 2016, October 19, 2017 and October 19, 2018. An additional 374 of these RSUs will vest on each of October 19, 2019 and October 19, 2020, 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. The dividend equivalent units accrued with respect to an outstanding award 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 the Issuer's Class A Common Stock. Represents options to purchase the Issuer's Class A Common Stock, $0.001 par value ("Common...

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