SEC Form 4 · accession 0001022671-16-000050
STEEL DYNAMICS INC · STLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Russell B Rinn
Officer — Executive Vice President
Period of report
Nov 21, 2016
Accepted (ET)
Nov 22, 2016 · 9:40 am EST
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 | Nov 21, 2016 | A | 2,086 | $0.00 | A | 102,864 | D | |
| Common StockF2 | Nov 21, 2016 | F | 984 | $33.37 | D | 101,880 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grant of restricted stock units equal to the same number of underlying shares, received as an award under the Company's equity incentive plan, for no consideration, and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). The restricted stock units are subject to a two year vesting requirement, following which settlement is to be made solely in the same number of shares of the company's common stock shown in Column 4.
- F2Represents disposition to issuer to cover taxes payable upon vesting of previously issued and reported restricted stock units, exempt pursuant to Rule 16b-3.