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RELIANCE, INC. — Director's Dealing 2011
Dec 3, 2011
30421_dirs_2011-12-02_2130ac5f-523e-4afe-a630-0cf153d0485c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RELIANCE STEEL & ALUMINUM CO (RS)
CIK: 0000861884
Period of Report: 2011-11-30
Reporting Person: Wolf Colleen Arden (Former Chief Information Ofcr)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-30 | Common Stock | M | 5000 | $33.70 | Acquired | 5000 | Direct |
| 2011-11-30 | Common Stock | M | 2500 | $42.81 | Acquired | 7500 | Direct |
| 2011-11-30 | Common Stock | S | 7500 | $48.41 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-30 | Options to Acquire Common Stock | $33.70 | M | 5000 | Disposed | 2012-01-29 | Common Stock (5000) | Direct |
| 2011-11-30 | Options to Acquire Common Stock | $42.81 | M | 2500 | Disposed | 2012-01-29 | Common Stock (2500) | Direct |
Footnotes
F1: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $48.33 to $48.53. The Reporting Person has provided to the Issuer and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission Staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F2: As granted, the options vest and become exercisable in four equal annual installments beginning on April 27, 2010, which was the first anniversary of the date on which the options were granted.
F3: As granted, the options vest and become exercisable in four equal annual installments beginning on February 23, 2011, which was the first anniversary of the date on which the options were granted.
F4: The Reporting Person is no longer an employee of the Issuer. Pursuant to the terms of the stock option agreements entered into by and between the Issuer and the Reporting Person, the Reporting Person's remaining options that were not exercisable as of the date of the cessation of her employment were terminated, and the vested options expire 90 days after the cessation of her employment.