SEC Form 4 · accession 0001123292-15-000053
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sheldon U. Tenenbaum
Officer — Sr. VP, Supplier Development
Period of report
Dec 31, 2014
Accepted (ET)
Jan 5, 2015 · 8:15 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 | 16,625 | D | |
| Common StockF2 | Dec 31, 2014 | F | 959 | $61.27 | D | 15,666 | D | |
| Common Stock | holding | — | — | — | 472 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 4,120 | I | Held by Trustee of Reliance Steel & Aluminum Co. 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 47,500 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report.