SEC Form 4 · accession 0000899243-19-004888
OLYMPIC STEEL INC · ZEUS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Siegal
Officer — See Remarks · Director · 10% Owner
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 5:09 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 | — | Feb 22, 2019 | A | 10,186 | A | — | — | Common Stock | 10,186 | 96,845 | D |
Explanation of responses
- F1Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. (the "Company") common stock.
- F2These RSUs were acquired in connection with the Company's Supplemental Executive Retirement Plan, are fully vested for the Reporting Person, and will be settled upon the earlier of age 62 or departure from the Company (or earlier in limited circumstances specified in the award agreement).
- F3This total number of RSUs includes previously-granted RSUs with different vesting and payment terms.
Remarks
Executive Chairman of the Board