SEC Form 4 · accession 0000912603-16-000288
SCHNITZER STEEL INDUSTRIES, INC. · SCHN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stefano R. Gaggini
Officer — VP, Corporate Controller & PAO
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 7:31 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 Stock | Oct 31, 2016 | F | 837 | $24.15 | D | 15,167 | D | |
| Class A Common Stock | Oct 31, 2016 | F | 941 | $24.15 | D | 14,226 | D | |
| Class A Common Stock | Oct 31, 2016 | S | 730 | $23.92 | D | 13,496 | D | |
| Class A Common Stock | Nov 1, 2016 | A | 2,388 | $0.00 | A | 15,884 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were withheld by the issuer to cover witholding taxes upon vesting of restricted stock units.
- F2Shares were withheld by the issuer to cover witholding taxes on issuance of performance shares.
- F3Award of restricted stock units pursuant to the issuer's stock incentive plan. The restricted stock units vest in five equal annual installments commencing October 31, 2017.