SEC Form 4 · accession 0001123292-15-000049
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen Paul Koch
Officer — Sr. VP, Operations
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 8:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000861884
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 31, 2014 | M | 2,000 | — | A | 13,500 | D | |
| Common Stock | holding | — | — | — | 963 | I | Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan | |
| Common Stock | holding | — | — | — | 156 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F1,F3 | — | Dec 31, 2014 | M | 2,000 | D | — | — | Common Stock | 2,000 | 8,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of RS common stock and certain dividend equivalents.
- F2Includes 3,000 restricted shares subject to vesting over time.
- F32,000 restricted stock units vested on December 31, 2014. The remaining 8,000 restricted stock units reported on this line are subject to performance criteria and all or a portion shall vest on or before March 15, 2015.
- F4In addition, the Reporting Person beneficially owns 20,000 restricted stock units subject to performance and service criteria (with various vesting dates) and 6,250 options to acquire common stock (with an exercise price of $55.73 per share and an expiration date of February 23, 2018) as of the date of this report.