SEC Form 4 · accession 0001209191-16-124834
UNITED STATES STEEL CORP · X
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario Longhi Filho
Officer — President & CEO · Director
Period of report
May 27, 2016
Accepted (ET)
Jun 1, 2016 · 7:17 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 | 6,927 | $14.62 | D | 188,711 | D | |
| Common Stock | May 28, 2016 | F | 3,082 | $14.78 | D | 185,629 | D | |
| Common Stock | May 31, 2016 | A | 96,420 | $0.00 | A | 282,049 | D | |
| Common Stock | May 31, 2016 | A | 15,153 | $0.00 | A | 297,202 | D | |
| Common Stock | May 31, 2016 | F | 5,075 | $14.78 | D | 292,127 | D | |
| Common Stock | holding | — | — | — | 4,560 | I | By 401(k) plan | |
| Common Stock | holding | — | — | — | 40,650 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF6 | $14.78 | May 31, 2016 | A | 228,300 | A | — | May 31, 2026 | Common Stock | 228,300 | 228,300 | 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 tax withholding on the vesting of restricted stock units (RSUs) that were granted on May 28, 2013. RSUs vest ratably over a three year period.
- F3This 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.
- F4This line represents performance-based RSUs that were granted on May 28, 2013 and vested on May 31, 2016. Performance awards vest depending upon the performance of U. S. Steel's common stock vs. that of a peer group over a three-year period.
- F5This line reflects the tax withholding on the vesting of performance based restricted stock units (RSUs) that were granted on May 28, 2013.
- F6This 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.