SEC Form 4 · accession 0001123292-15-000480
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William K Sales Jr.
Officer — Sr. VP, Operations
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 4:31 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 | Feb 25, 2015 | M | 25,000 | $56.80 | A | 83,482 | D | |
| Common StockF1 | Feb 25, 2015 | F | 24,656 | $58.23 | D | 58,826 | D | |
| Common Stock | holding | — | — | — | 2,512 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Common StockF3,F2 | $56.80 | Feb 25, 2015 | M | 25,000 | D | — | Feb 26, 2015 | Common Stock | 25,000 | 0 | D |
Explanation of responses
- F1Includes 3,000 restricted shares subject to vesting over time.
- F2The options vested and became exercisable in four equal annual installments beginning on February 26, 2009, which was the first anniversary of the date on which the options were granted.
- F3In the aggregate, the Reporting Person beneficially owns 75,000 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report. In addition, the Reporting Person beneficially owns 28,000 restricted stock units subject to performance and service criteria.