SEC Form 4 · accession 0001209191-16-154719
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
Dec 8, 2016
Accepted (ET)
Dec 12, 2016 · 4:53 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 8, 2016 | M | 13,333 | $25.56 | A | 51,926 | D | |
| Common StockF1 | Dec 8, 2016 | F | 10,747 | $37.03 | D | 41,179 | D | |
| Common Stock | holding | — | — | — | 2,106 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CommonStock OptionF2 | $25.56 | Dec 8, 2016 | M | 13,333 | D | Jan 27, 2016 | Jan 27, 2024 | Common Stock | 13,333 | 6,667 | D |
Explanation of responses
- F1This line reflects the disposition of shares for tax withholding purposes in connection with the exercise of options that were granted on January 27, 2014. The reporting person did not sell any of the stock proceeds resulting from the option exercise.
- F2The options vest in three equal installments on Jan. 27, 2015, 2016 and 2017.