SEC Form 4 · accession 0001195950-15-000005
STEEL DYNAMICS INC · STLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Teets Jr.
Officer — Executive Vice President · Director
Period of report
Nov 21, 2015
Accepted (ET)
Nov 24, 2015 · 1:15 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, 2015 | A | 3,942 | $0.00 | A | 5,151,553 | D | |
| Common StockF2 | Nov 21, 2015 | F | 1,862 | $17.66 | D | 5,149,691 | D | |
| Common Stock | holding | — | — | — | 10,676 | I | Custodian for minor child | |
| Common Stock | holding | — | — | — | 10,676 | I | Custodian for minor child | |
| Common Stock | holding | — | — | — | 94,089 | I | By spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grant of restricted stock, in lieu of resricted stock units under the Company's equity incentive plan, because of reporting person's retirement eligibility 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 in lieu of the otherwise applicable vesting period.
- F2Represents disposition to issuer to cover taxes payable upon issuance of restricted shares referenced in footnote (1), exempt pursuant to Rule 16b-3.