SEC Form 4 · accession 0001216806-15-000009
STEEL DYNAMICS INC · STLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank D Byrne
Director
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 3:13 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,F2,F3 | Nov 18, 2015 | A | 580 | $0.00 | A | 59,647 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of additional shares of common stock underlying deferred stock units (DSUs) issued to the reporting person in connection with this person's retainer as a director under the Steel Dynamics, Inc. 2015 Equity Incentive Plan. This transaction is exempt from the provisions of Section 16(b), by virtue of Rule 16b-3(d)(1) and (3).
- F2Reportable 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 shares of common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3).
- F3Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.