OLYMPIC STEEL INC — Director's Dealing 2012

May 22, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: OLYMPIC STEEL INC (ZEUS)
CIK: 0000917470
Period of Report: 2012-05-18

Reporting Person: WOLFORT DAVID A (Director, President and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-05-18	Common Stock	P	2000	$17.30	Acquired	8000	Indirect
2012-05-21	Common Stock	P	346	$17.00	Acquired	8346	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	424570	Direct