SEC Form 3 · accession 0001123292-19-000192
RELIANCE, INC. · RS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Wayne Durham
Officer — Sr. VP, Operations
Period of report
Jan 16, 2018
Accepted (ET)
Jan 25, 2019 · 9:29 am 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 | holding | — | — | — | 4,750 | D | ||
| Common Stock | holding | — | — | — | 1,611 | I | Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2 | — | holding | — | — | — | — | — | Common Stock | 658 | — | D |
Explanation of responses
- F1Includes 2,075 unvested restricted stock units subject to service criteria.
- F2Each share of phantom stock is the economic equivalent of one share of the Issuer's common stock. In connection with the acquisition by the Issuer of Earle M. Jorgensen Company ("EMJ") in April 2006, the Issuer assumed the obligation resulting from EMJ's settlement with the U.S. Department of Labor to contribute shares of the Issuer's common stock to the Earle M. Jorgensen Company Supplemental Stock Bonus Plan, a phantom stock bonus plan. As a former employee of EMJ, Mr. Durham is entitled to receive 657.75 phantom shares of the Issuer's common stock under the Earle M. Jorgensen Company Supplemental Stock Bonus Plan. This obligation will be satisfied by a cash payment to Mr. Durham upon the termination of his employment with the Issuer.
Remarks
Exhibit 24 - Power of Attorney