SEC Form 4 · accession 0001123292-15-000634
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Hannah
Officer — CEO and Chairman · Director
Period of report
Mar 27, 2015
Accepted (ET)
Mar 31, 2015 · 8:37 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 27, 2015 | A | 10,000 | $0.00 | A | 220,933 | I | Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010 |
| Common StockF3 | holding | — | — | — | 27,896 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock units ("RSUs"). The RSUs are subject to service criteria and all or a portion shall vest on or before July 7, 2015 if service goals are achieved. Upon vesting of RSUs, the Reporting Person shall receive shares of common stock on a one-for-one basis. Vested shares shall be delivered to the Reporting Person as soon as administratively practicable.
- F2Includes 20,000 restricted shares subject to vesting over time and 10,000 unvested RSUs subject to service criteria.
- F3Reflects the allocation for the 2014 plan year under the Reliance Steel & Aluminum Co. Employee Stock Ownership Plan ("ESOP").