SEC Form 4 · accession 0001022671-18-000085
STEEL DYNAMICS INC · STLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark D Millett
Officer — President and CEO · Director
Period of report
Nov 21, 2018
Accepted (ET)
Nov 26, 2018 · 2:04 pm 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, 2018 | A | 2,292 | $0.00 | A | 3,221,548 | D | |
| Common StockF2 | Nov 21, 2018 | F | 1,024 | $37.96 | D | 3,220,524 | D | |
| Common StockF3 | Nov 21, 2018 | F | 1,166 | $37.96 | D | 3,219,358 | D | |
| Common StockF4 | Nov 21, 2018 | F | 17,965 | $37.96 | D | 3,201,393 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grant of restricted stock, in lieu of restricted stock units because of reporting person's age, for no consideration, and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). subject, however, to a two year holding period.
- F2Represents disposition to issuer to cover taxes payable upon issuance of shares reported in footnote (1), exempt pursuant to Rule 16b-3.
- F3Represents disposition to issuer to cover taxes payable upon vesting of previously issued and reported restricted stock units, exempt pursuant to Rule 16b-3.
- F4Represents disposition to issuer to cover taxes payable upon issuance of restricted shares required to be issued to reporting person by reason of his age, in advance of the otherwise applicable second year of the two-year vesting requirement of previously issued restricted stock units; subject however, to an additional one-year holding period.