SEC Form 4 · accession 0001209191-18-014161
UNITED STATES STEEL CORP · X
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sara A. Greenstein
Officer — Sr. VP - Consumer Solutions
Period of report
Feb 24, 2018
Accepted (ET)
Feb 27, 2018 · 6:29 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 | Feb 24, 2018 | F | 320 | $44.77 | D | 45,704 | D | |
| Common Stock | Feb 24, 2018 | F | 2,957 | $44.77 | D | 42,747 | D | |
| Common Stock | Feb 26, 2018 | M | 2,757 | $24.78 | A | 45,504 | D | |
| Common Stock | Feb 26, 2018 | S | 2,757 | $45.05 | D | 42,747 | D | |
| Common Stock | holding | — | — | — | 574 | 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 | $24.78 | Feb 26, 2018 | M | 2,757 | D | Feb 24, 2018 | Feb 24, 2025 | Common Stock | 2,757 | 0 | D |
Explanation of responses
- F1This line reflects the tax withholding on the vesting of restricted stock units (RSUs) that were granted on February 24, 2015. RSUs vest ratably over a three year period.
- F2This line reflects the disposition of shares for tax withholding purposes in connection with the vesting of RSUs that were granted on February 24, 2015 as part of a new hire grant. RSUs cliff-vest on third anniversary of the grant date. RSUs are payable in stock only.
- F3This transaction reported on this row was completed pursuant to the terms of a 10b5-1 plan.
- F4Option grant vests ratably over three years, one-third on each of the first, second and third grant date anniversaries.