SEC Form 3 · accession 0001209191-19-017997
UNITED STATES STEEL CORP · X
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Fruehauf
Officer — SVP-Strategic Plan & Corp Dev
Period of report
Mar 1, 2019
Accepted (ET)
Mar 8, 2019 · 2:57 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 StockF1 | holding | — | — | — | 19,191 | D | ||
| Common Stock | holding | — | — | — | 896 | 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 OptionF2 | $14.78 | holding | — | — | — | May 31, 2017 | May 31, 2026 | Common Stock | 5,547 | — | D |
| Common Stock OptionF2 | $39.27 | holding | — | — | — | Feb 28, 2018 | Feb 28, 2027 | Common Stock | 3,810 | — | D |
| Phantom Stock UnitsF4,F3 | — | holding | — | — | — | — | — | Common Stock | 394 | — | D |
Explanation of responses
- F1This 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.
- F2This line reflects the grant of stock options to purchase United States Steel Corporation common stock. Option grants vest ratably over three years, one-third on each of the first, second and third grant date anniversaries.
- F3The reported phantom stock units were acquired under the United States Steel Corporation Supplemental Thrift Program and are to be settled in cash upon the reporting person's retirement or other termination of service.
- F4Each phantom stock unit is the economic equivalent of one share of United States Steel Corporation common stock.
Remarks
Mr. Fruehauf was an executive officer of the Issuer from November 2017 to April 2018, then moved into another role that was not designated as an executive officer of the Issuer. Effective as of March 1, 2019, Mr. Fruehauf was appointed as Senior Vice President, Strategic Planning & Corporate Development and, consistent with his new responsibilities, was designated as an executive officer for purposes of Section 16 of the Securities Exchange Act of 1934.