SEC Form 4 · accession 0001123292-16-001990
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William K Sales Jr.
Officer — EVP, Operations
Period of report
Mar 14, 2016
Accepted (ET)
Mar 16, 2016 · 8:54 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 | Mar 14, 2016 | M | 1,980 | — | A | 71,277 | D | |
| Common Stock | Mar 14, 2016 | F | 1,034 | $67.24 | D | 70,243 | D | |
| Common StockF2 | holding | — | — | — | 2,714 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Mar 14, 2016 | M | 1,980 | D | — | — | Common Stock | 1,980 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of RS common stock and certain dividend equivalents.
- F2Reflects an Employee Stock Ownership Plan allocation that has occurred since the date of the reporting person's last ownership report.
- F31,980 restricted stock units subject to performance criteria vested on March 14, 2016.