SEC Form 4 · accession 0001123292-16-001915

RELIANCE, INC. · RS

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

David H Hannah

Officer — Executive Chairman · Director

Period of report

Mar 2, 2016

Accepted (ET)

Mar 4, 2016 · 7:46 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 Stock^F1	Mar 2, 2016	M	40,000	$42.81	A	238,000	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock^F2,F1	Mar 2, 2016	S	23,400	$64.43	D	214,600	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock^F3,F1	Mar 2, 2016	S	16,600	$65.63	D	198,000	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock^F1	Mar 3, 2016	M	40,000	$55.73	A	238,000	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock^F4,F1	Mar 3, 2016	S	34,143	$65.37	D	203,857	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock^F5,F1	Mar 3, 2016	S	5,857	$66.13	D	198,000	I	Held by Trustees of The David H. and Joan B. Hannah Family Trust, dated April 13, 2010
Common Stock	holding	—	—		—	27,896	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
Option to Acquire Common Stock^F7,F6	$42.81	Mar 2, 2016	M	40,000	D	—	Feb 23, 2017	Common Stock	40,000	0	D
Option to Acquire Common Stock^F9,F8	$55.73	Mar 3, 2016	M	40,000	D	—	Feb 23, 2018	Common Stock	40,000	60,000	D

Explanation of responses

F1Includes 8,000 restricted shares subject to vesting over time and 10,000 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 $64.06 to $65.00. 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 $65.15 to $65.86. 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 price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $64.96 to $65.94. 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.
F5The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $65.98 to $66.73. 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.
F6The options vested and became exercisable in four equal annual installments beginning on February 23, 2011.
F7In addition, the Reporting Person beneficially owns 140,000 restricted stock units that were collectively granted in 2013, 2014 and 2015 subject to performance criteria (with various vesting dates) and 60,000 options to acquire common stock, each with an expiration date of February 23, 2018 and an exercise price of $55.73, as of the date of this report.
F8The options vested and became exercisable in four equal annual installments beginning on February 23, 2012.
F9In addition, the Reporting Person beneficially owns 140,000 restricted stock units that were collectively granted in 2013, 2014 and 2015 subject to performance criteria (with various vesting dates) as of the date of this report.