SEC Form 4 · accession 0001123292-16-001919
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Patrick Shanley
Officer — Sr. VP, Operations
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 7:52 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 | Mar 2, 2016 | M | 1,250 | $33.70 | A | 12,559 | D | |
| Common StockF1 | Mar 2, 2016 | M | 2,750 | $42.81 | A | 15,309 | D | |
| Common StockF1 | Mar 2, 2016 | S | 4,000 | $63.25 | D | 11,309 | D |
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 StockF3,F2 | $33.70 | Mar 2, 2016 | M | 1,250 | D | — | Apr 27, 2016 | Common Stock | 1,250 | 0 | D |
| Option to Acquire Common StockF3,F4 | $42.81 | Mar 2, 2016 | M | 2,750 | D | — | Feb 23, 2017 | Common Stock | 2,750 | 0 | D |
Explanation of responses
- F1Includes 8,250 unvested restricted stock units subject to service criteria.
- F2The options vested and became exercisable in four equal annual installments beginning on April 27, 2010.
- F3In addition, the Reporting Person beneficially owns 5,500 options to acquire common stock, each with an exercise price of $55.73 and an expiration date of February 23, 2018, as of the date of this report.
- F4The options vested and became exercisable in four equal annual installments beginning on February 23, 2011.