SEC Form 4 · accession 0001123292-17-000648
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
Feb 27, 2017
Accepted (ET)
Mar 10, 2017 · 7:45 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 | Feb 27, 2017 | M | 3,000 | — | A | 207,025 | D | |
| Common Stock | Feb 27, 2017 | F | 1,566 | $85.29 | D | 205,459 | D | |
| Common Stock | Mar 8, 2017 | S | 1,434 | $81.10 | D | 204,025 | D | |
| Common StockF2 | holding | — | — | — | 12,709 | 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 | — | Feb 27, 2017 | M | 3,000 | D | — | — | Common Stock | 3,000 | 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.
- F33,000 restricted stock units vested on February 27, 2017.