SEC Form 4 · accession 0001209191-15-024583
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
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000917470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2015 | P | 2,000 | $14.1657 | A | 136,678 | D | |
| Common StockF2 | Mar 9, 2015 | P | 2,000 | $14.2641 | A | 138,678 | D | |
| Common StockF3 | holding | — | — | — | 4,000 | I | By Donald R. McNeeley Jr. Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF4,F5 | — | Mar 6, 2015 | A | 5,241 | A | — | — | Common Stock | 5,241 | 16,470 | D |
Explanation of responses
- F1Price reflects a weighted average sale price for multiple transactions that ranged from $13.96 to $14.29 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F2Price reflects a weighted average sale price for multiple transactions that ranged from $14.13 to $14.48 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F3The Reporting Person serves as a Trustee of a Trust for the benefit of the Reporting Person.
- F4Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
- F5The 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).