SEC Form 4 · accession 0001209191-17-037206
UNITED STATES STEEL CORP · X
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Burritt
Officer — Pres. & CEO · Director
Period of report
May 31, 2017
Accepted (ET)
Jun 2, 2017 · 4:13 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 31, 2017 | F | 4,858 | $20.68 | D | 164,523 | D | |
| Common Stock | May 31, 2017 | A | 20,980 | $0.00 | A | 185,503 | D | |
| Common Stock | holding | — | — | — | 6,918 | 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 Stock OptionF3 | $20.69 | May 31, 2017 | A | 43,530 | A | — | May 31, 2027 | Common Stock | 43,530 | 43,530 | D |
Explanation of responses
- F1This line reflects the tax withholding on the vesting of restricted stock units (RSUs) that were granted on May 31, 2016. RSUs vest ratably over a three year period.
- F2This amount includes restricted stock units (RSUs) which 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.