SEC Form 4 · accession 0000899243-18-019647
OLYMPIC STEEL INC · ZEUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew S Greiff
Officer — EVP and COO
Period of report
Jul 5, 2018
Accepted (ET)
Jul 9, 2018 · 4:14 pm EDT
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 Stock UnitsF3,F1,F2 | — | Jul 5, 2018 | A | 822 | A | — | — | Common Stock | 822 | 40,235 | D |
Explanation of responses
- F1Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
- F2These RSUs were acquired under Olympic Steel's Amended and Restated 2007 Omnibus Incentive Plan. These RSUs vest on July 5, 2023 if the Reporting Person continues to be an employee of Olympic Steel (or its subsidiaries or affiliates) in the same or a higher position on such date. Any vested RSUs will be settled within 30 days following the first to occur of the Reporting Person's death, disability or retirement after the Reporting Person has attained the age of 62. Vesting and settlement may also occur earlier in limited circumstances as specified in the award agreement.
- F3This total number of RSUs includes previously-granted RSUs with different vesting and payment terms.