SEC Form 4 · accession 0001123292-15-001275
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karla R Lewis
Officer — Sr. EVP & CFO
Period of report
Oct 29, 2015
Accepted (ET)
Nov 2, 2015 · 4:44 pm EST
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 | Oct 29, 2015 | M | 20,000 | $33.70 | A | 78,375 | D | |
| Common StockF2,F1 | Oct 29, 2015 | S | 19,300 | $59.65 | D | 59,075 | D | |
| Common StockF3,F1 | Oct 29, 2015 | S | 700 | $60.37 | D | 58,375 | D | |
| Common Stock | holding | — | — | — | 7,545 | I | Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan | |
| Common Stock | holding | — | — | — | 183 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Common StockF5,F4 | $33.70 | Oct 29, 2015 | M | 20,000 | D | — | Apr 27, 2016 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Includes 1,500 restricted shares subject to vesting over time and 8,800 unvested restricted stock units subject to service criteria.
- F2The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $59.24 to $60.23. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $60.26 to $60.54. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F4The options vested and became exercisable in four equal annual installments beginning on April 27, 2010, which was the first anniversary of the date on which the options were granted.
- F5In the aggregate, the Reporting Person beneficially owns 80,000 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report. In addition, the Reporting Person beneficially owns 32,000 restricted stock units subject to performance and service criteria.