SEC Form 4 · accession 0001123292-15-000570
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karla R Lewis
Officer — Exec VP, CFO and Asst Corp Sec
Period of report
Mar 2, 2015
Accepted (ET)
Mar 17, 2015 · 5:22 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 | 5,920 | — | A | 53,374 | D | |
| Common StockF2 | Mar 2, 2015 | F | 2,231 | $57.42 | D | 51,143 | D | |
| Common Stock | holding | — | — | — | 5,534 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 180 | 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 | 5,920 | D | — | — | Common Stock | 5,920 | 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 4,500 restricted shares subject to vesting over time.
- F35,920 restricted stock units subject to performance criteria vested on March 2, 2015.
- F4In addition, the Reporting Person beneficially owns 32,000 restricted stock units subject to performance and service criteria (with various vesting dates) and 100,000 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report.