SEC Form 4 · accession 0000899243-17-000212
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
Jan 1, 2017
Accepted (ET)
Jan 4, 2017 · 3:24 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 UnitsF3,F1,F2 | — | Jan 1, 2017 | A | 1,031 | A | — | — | Common Stock | 1,031 | 24,744 | 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, Inc.'s Senior Management Compensation Program, are fully vested for the Reporting Person and will be settled upon retirement, or earlier upon the executive's death or disability or upon a change in control of Olympic Steel, Inc., in each case in accordance with the applicable award agreement.
- F3This total number of RSUs includes previously-granted RSUs with different vesting and payment terms.