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RELIANCE, INC. — Director's Dealing 2012
Nov 7, 2012
30421_dirs_2012-11-06_fd2d016e-4ce6-4053-9e1c-606338028c91.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: 2012-11-02
Reporting Person: MOLLINS GREGG J (Director, President and COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-02 | Common Stock | M | 30000 | $44.86 | Acquired | 205327 | Indirect |
| 2012-11-02 | Common Stock | M | 37500 | $33.70 | Acquired | 242827 | Indirect |
| 2012-11-02 | Common Stock | M | 25000 | $42.81 | Acquired | 267827 | Indirect |
| 2012-11-02 | Common Stock | S | 92300 | $55.89 | Disposed | 175527 | Indirect |
| 2012-11-02 | Common Stock | S | 200 | $56.57 | Disposed | 175327 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-02 | Options to Acquire Common Stock | $44.86 | M | 30000 | Disposed | 2014-03-02 | Common Stock (30000) | Direct |
| 2012-11-02 | Options to Acquire Common Stock | $33.70 | M | 37500 | Disposed | 2016-04-27 | Common Stock (37500) | Direct |
| 2012-11-02 | Options to Acquire Common Stock | $42.81 | M | 25000 | Disposed | 2017-02-23 | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12272 | Indirect |
Footnotes
F1: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $55.55 to $56.55. 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 regrading the number of shares sold a each separate price.
F2: The options vested and became exercisable in four equal annual installments beginning on March 2, 2008, which was the first anniversary of the date on which the options were granted.
F3: The options vested and became 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.
F4: The options vested and became 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.
F5: In the aggregate, the Reporting Person beneficially owns 137,500 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report. In addition, the Reporting Person beneficially owns 20,000 restricted stock units subject to performance and service criteria.