SEC Form 4 · accession 0000912603-15-000121
SCHNITZER STEEL INDUSTRIES, INC. · SCHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tamara L. Lundgren
Officer — President & CEO · Director
Period of report
Oct 28, 2015
Accepted (ET)
Oct 30, 2015 · 4:43 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Oct 28, 2015 | A | 29,921 | $0.00 | A | 410,391 | D | |
| Class A Common StockF1 | Oct 28, 2015 | A | 32,651 | $0.00 | A | 443,042 | D | |
| Class A Common StockF2 | Oct 28, 2015 | A | 48,163 | $0.00 | A | 491,205 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are issuable as a result of satisfaction of performance goals for fiscal years 2014-2015 under a performance share award. Compensation Committee certification of the award payout level occurred on the transaction date.
- F2Award of restricted stock units pursuant to the issuer's stock incentive plan. The restricted stock units vest in two equal annual installments with 50% vesting on October 31, 2016 and 50% vesting on October 31, 2017.