SEC Form 4 · accession 0001123292-15-000571
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg J Mollins
Officer — President and COO · Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 17, 2015 · 5:24 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 | 7,400 | — | A | 179,095 | I | Held by Trustee of Mollins Family Trust |
| Common StockF2 | Mar 2, 2015 | F | 2,773 | $57.42 | D | 176,322 | I | Held by Trustee of Mollins Family Trust |
| Common Stock | holding | — | — | — | 12,427 | 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 | — | Mar 2, 2015 | M | 7,400 | D | — | — | Common Stock | 7,400 | 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 8,000 restricted shares subject to vesting over time.
- F37,400 restricted stock units subject to performance criteria vested on March 2, 2015.
- F4In addition, the Reporting Person beneficially owns 40,000 restricted stock units subject to performance and service criteria (with various vesting dates) and 12,500 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.