SEC Form 4 · accession 0001209191-16-124829
UNITED STATES STEEL CORP · X
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzanne R Folsom
Officer — GC & Sr VP - Gov Affairs
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 7:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001163302
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 27, 2016 | F | 1,238 | $14.62 | D | 22,893 | D | |
| Common Stock | May 31, 2016 | A | 15,700 | $0.00 | A | 38,593 | D | |
| Common Stock | holding | — | — | — | 2,093 | I | By 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $14.78 | May 31, 2016 | A | 37,180 | A | — | May 31, 2026 | Common Stock | 37,180 | 37,180 | D |
Explanation of responses
- F1This line reflects the tax withholding on the vesting of restricted stock units (RSUs) that were granted on May 27, 2014. RSUs vest ratably over a three year period.
- F2This line reflects the grant of restricted stock units (RSUs). RSUs vest ratably over three years, one-third on each of the first, second and third grant date anniversaries. RSUs are payable in stock only.
- F3This line reflects the grant of stock options to purchase U. S. Steel common stock. Option grants vest ratably over three years, one-third on each of the first, second and third grant date anniversaries.