SEC Form 4 · accession 0001123292-17-000649
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
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 | 1,500 | — | A | 80,299 | D | |
| Common Stock | Feb 27, 2017 | F | 564 | $85.29 | D | 79,735 | D | |
| Common StockF2 | holding | — | — | — | 2,793 | 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 UnitsF2,F3 | — | Feb 27, 2017 | M | 1,500 | D | — | — | Common Stock | 1,500 | 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.
- F31,500 restricted stock units vested on February 27, 2017.