SEC Form 4 · accession 0001123292-17-000034
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg J Mollins
Officer — President and CEO · Director
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 6:15 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 | Dec 31, 2016 | M | 4,000 | — | A | 206,113 | I | Held by Trustee of Mollins Family Trust |
| Common Stock | Dec 31, 2016 | F | 2,088 | $79.54 | D | 204,025 | I | Held by Trustee of Mollins Family Trust |
| Common Stock | holding | — | — | — | 12,629 | 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,F2 | — | Dec 31, 2016 | M | 4,000 | D | — | — | Common Stock | 4,000 | 16,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of RS common stock and certain dividend equivalents.
- F24,000 restricted stock units vested on December 31, 2016. The remaining 16,000 restricted stock units reported on this line are subject to performance criteria and all or a portion shall vest on or before March 15, 2017.