UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
MSC INDUSTRIAL DIRECT CO., INC.
(Name of Issuer)
CLASS A COMMON STOCK, PAR VALUE $.001 PER SHARE
(Title of Class of Securities)
553530 10 6
(CUSIP Number)
DECEMBER 31, 2003
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[_] Rule 13d-1(b)
[_] Rule 13d-1(c)
[X] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities,
and for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
CUSIP NO. 553530 10 6 Schedule 13G Page 2 of 6
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1. Name of Reporting Person Marjorie Gershwind
S.S. or I.R.S. Identifica-
tion No. of Above Person
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2. Check the Appropriate Box (a) [_]
if a Member of a Group (b) [_]
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3. S.E.C. Use Only
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4. Citizenship or Place of Organization United States
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Number of Shares (5) Sole Voting Power 4,137,172
Beneficially (6) Shared Voting Power 4,277,196
Owned by Each (7) Sole Dispositive Power 4,137,172
Reporting Person (8) Shared Dispositive Power 4,277,196
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9. Aggregate Amount Beneficially Owned by Each Reporting Person
8,414,368
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10. Check if the Aggregate Amount in Row (9) Excludes Certain
Shares
[_]
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11. Percent of Class Represented by Amount in Row (9) 17.1%
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12. Type of Reporting Person IN
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CUSIP NO. 553530 10 6 Schedule 13G Page 3 of 6
AMENDMENT NO. 1 TO SCHEDULE 13G
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This Amendment No. 1 to Schedule 13G is filed by Marjorie
Gershwind ("Ms. Gershwind") to amend and restate in its entirety the Schedule
13G, filed on February 14, 1996, with respect to the Class A Common Stock (as
defined below) of MSC Industrial Direct Co., Inc. (the "Company").
This Amendment No. 1 reflects shares beneficially owned by Ms.
Gershwind and shares of the Company outstanding as of January 28, 2004.
Item 1. (a) NAME OF ISSUER
MSC Industrial Direct Co., Inc.
(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
75 Maxess Road
Melville, New York 11747
Item 2. (a) NAME OF PERSON FILING
Marjorie Gershwind
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE
The address of the principal business offices of Ms.
Gershwind is c/o MSC Industrial Direct Co., Inc., 75 Maxess
Road, Melville, New York 11747.
(c) CITIZENSHIP
United States.
(d) TITLE OF CLASS OF SECURITIES
Class A Common Stock, par value $.001 per share (the
"Class A Common Stock")
(e) CUSIP NUMBER
553530 10 6
Item 3. Not applicable.
Item 4. OWNERSHIP.
(a) AMOUNT BENEFICIALLY OWNED:
Ms. Gershwind may be deemed to beneficially own
8,414,368 shares of Class A Common Stock as a result of her
direct ownership
CUSIP NO. 553530 10 6 Schedule 13G Page 4 of 6
of, and/or voting and dispositive power over: (i) 190,680
shares of Class A Comon Stock held by Ms. Gershwind; (ii)
3,946,492 shares of Class B Common Stock, par value $.001 per
share, that are convertible into shares of Class A Common
Stock on a one-to-one basis (the "Class B Common Stock"), held
by Ms. Gershwind; (iii) 301,368 shares of Class A Common Stock
held by Platinum Investment Management, L.L.C., of which Ms.
Gershwind is a member; (iv) 6,522 shares of Class A Common
Stock held by The Gershwind Family Foundation, of which Ms.
Gershwind is a director; (v) 946,246 shares of Class B Common
Stock held by the Marjorie Diane Gershwind 1994 Qualified
Fifteen Year Annuity Interest Trust, of which Ms. Gershwind is
a settlor; (vi) 374,401 shares of Class B Common Stock held by
the Marjorie Diane Gershwind 1998 Qualified Seven Year Annuity
Trust, of which Ms. Gershwind is a settlor; and (vii)
2,648,659 shares of Class B Common Stock held by GF-MSC,
L.L.C., of which Ms. Gershwind is a member. Ms. Gershwind
disclaims beneficial ownership of 150,684 shares of Class A
Common Stock owned Platinum Investment Management, L.L.C., all
the shares of Class A Common Stock held by The Gershwind
Family Foundation, 1,697,000 shares of Class B Common Stock
owned by GF-MSC, L.L.C., all the shares of Class B Common
Stock owned by the Marjorie Diane Gershwind 1994 Qualified
Fifteen Year Annuity Interest Trust and all the shares of
Class B Common Stock owned by the Marjorie Diane Gershwind
1998 Qualified Seven Year Annuity Trust.
(b) PERCENTAGE OWNED:
Based on calculations made in accordance with Rule
13d-3, and there being approximately 41,383,764 shares of
Class A Common Stock outstanding (as reported by the Company
in its Prospectus Supplement, dated January 22, 2004 (and
giving effect to the exercise of the underwriters'
over-allotment option in full)), Ms. Gershwind may be deemed
to beneficially own approximately 17.1% of the outstanding
Class A Common Stock.
(c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS POWER TO DIRECT
THE DISPOSITION:
(i) Sole voting power: 4,137,172
(ii) Shared voting power: 4,277,196
(iii) Sole dispositive power: 4,137,172
(iv) Shared dispositive power: 4,277,196
CUSIP NO. 553530 10 6 Schedule 13G Page 5 of 6
Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not applicable.
Item 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Not applicable.
Item 7. IDENTIFICATION AND CLASSIFICATION OF SUBSIDIARY WHICH ACQUIRED THE
SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not applicable.
Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not applicable.
Item 9. NOTICE OF DISSOLUTION OF GROUP
Not applicable.
Item 10. CERTIFICATION
Not applicable.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
CUSIP NO. 553530 10 6 Schedule 13G Page 6 of 6
SIGNATURES
After reasonable inquiry and to my best knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated as of February 17, 2004
By: /s/ Marjorie Gershwind
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Marjorie Gershwind