SEC Form 4 · accession 0000899243-16-014868
OLYMPIC STEEL INC · ZEUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R. McNeeley Jr.
Officer — Subsidiary Officer · Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917470
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Feb 26, 2016 | A | 7,243 | A | — | — | Common Stock | 7,243 | 23,713 | D |
Explanation of responses
- F1Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
- F2The RSUs were acquired in connection with Olympic Steel's Supplemental Executive Retirement Plan, will vest once the Reporting Person has participated in the Plan for five years, and will be settled upon the earlier of age 62 or departure from Issuer (or earlier in limited circumstances specified in the award agreement).