SEC Form 4 · accession 0001123292-15-000569
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
Mar 2, 2015
Accepted (ET)
Mar 17, 2015 · 5:19 pm EDT
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 | Mar 2, 2015 | M | 3,700 | — | A | 19,366 | D | |
| Common StockF2 | Mar 2, 2015 | F | 1,264 | $57.42 | D | 18,102 | D | |
| Common Stock | holding | — | — | — | 472 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 4,159 | 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 | — | Mar 2, 2015 | M | 3,700 | D | — | — | Common Stock | 3,700 | 0 | 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.
- F33,700 restricted stock units subject to performance criteria vested on March 2, 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.