SEC Form 4 · accession 0001022671-16-000020
STEEL DYNAMICS INC · STLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gabriel Shaheen
Director
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 9:44 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001022671
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 1, 2016 | A | 4,869 | $0.00 | A | 45,058 | D | |
| Common Stock | holding | — | — | — | 3,000 | I | Reporting Person's IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issued as deferred stock units (DSUs) in connection with reporting person's retainer, as a director, under the Steel Dynamics, Inc. 2015 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3).