SEC Form 4 · accession 0001123292-15-000635
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 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 | 18,800 | $0.00 | A | 195,122 | I | Held by Trustee of Mollins Family Trust |
| Common StockF3 | holding | — | — | — | 12,526 | 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 March 15, 2018 if service goals are achieved by December 31, 2017. 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 on or before March 15, 2018.
- F2Includes 8,000 restricted shares subject to vesting over time and 18,800 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").