SEC Form 4 · accession 0001209191-18-005440
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
Jan 23, 2018
Accepted (ET)
Jan 25, 2018 · 5:20 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 StockF2 | Jan 23, 2018 | S | 13,156 | $39.952 | D | 166,411 | D | |
| Common Stock | Jan 23, 2018 | M | 22,916 | $14.78 | A | 189,327 | D | |
| Common Stock | Jan 23, 2018 | S | 22,916 | $39.95 | D | 166,411 | D | |
| Common Stock | holding | — | — | — | 6,957 | 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 OptionF4 | $14.78 | Jan 23, 2018 | M | 22,916 | D | May 31, 2017 | May 31, 2026 | Common Stock | 22,916 | 47,834 | D |
Explanation of responses
- F1This transaction was completed pursuant to the terms of a 10b5-1 trading plan entered into on June 5, 2017.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.95 to $39.955, 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 range.
- F3The option exercise and sale reported on this Form 4 were completed pursuant to the terms of a 10b5-1 trading plan entered into on June 2, 2017.
- F4Option grant vests ratably over three years, one-third on each of the first, second and third grant date anniversaries.