SEC Form 4 · accession 0001209191-16-153922
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
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 4:56 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 | Dec 5, 2016 | M | 54,500 | $21.63 | A | 370,736 | D | |
| Common StockF1 | Dec 5, 2016 | S | 54,500 | $35.00 | 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 Stock OptionF3 | $21.63 | Dec 5, 2016 | M | 54,500 | D | Jul 3, 2015 | Jul 3, 2022 | Common Stock | 54,500 | 0 | 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 $35.00 to $35.01, 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 this footnote.
- F2The options were exercised pursuant to the terms of a 10b5-1 trading plan.
- F3The options vested in three equal installments on July 3, 2013, 2014, 2015.