SEC Form 4 · accession 0001209191-16-152473
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
Nov 28, 2016
Accepted (ET)
Nov 30, 2016 · 4:33 pm EST
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 | Nov 28, 2016 | M | 176,040 | $25.00 | A | 492,276 | D | |
| Common StockF1 | Nov 28, 2016 | S | 176,040 | $32.25 | D | 316,236 | D | |
| Common Stock | Nov 28, 2016 | M | 101,160 | $24.285 | A | 417,396 | D | |
| Common StockF2 | Nov 28, 2016 | S | 101,160 | $32.24 | D | 316,236 | D | |
| Common Stock | holding | — | — | — | 9,196 | I | By Trust | |
| Common Stock | holding | — | — | — | 4,587 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF3 | $25.00 | Nov 28, 2016 | M | 176,040 | D | Sep 1, 2016 | Sep 1, 2023 | Common Stock | 176,040 | 0 | D |
| Common StockF4 | $24.285 | Nov 28, 2016 | M | 101,160 | D | May 27, 2016 | May 27, 2024 | Common Stock | 101,160 | 50,580 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.00 to $32.56, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1 and 2.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions ranging in price from $32.00 to $32.46, inclusive.
- F3The options vested in three equal installments on Sept. 1, 2014, 2015 and 2016.
- F4The options vest in three equal installments on May 27, 2015, 2016 and 2017.