Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

RELIANCE, INC. Director's Dealing 2015

Nov 5, 2015

30421_dirs_2015-11-04_1cb7df11-9873-4a56-b04e-c947fa589501.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RELIANCE STEEL & ALUMINUM CO (RS)
CIK: 0000861884
Period of Report: 2015-11-02

Reporting Person: HANNAH DAVID H (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-11-02 Common Stock M 35000 $42.81 Acquired 233000 Indirect
2015-11-02 Common Stock S 35000 $61.43 Disposed 198000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-11-02 Option to Acquire Common Stock $42.81 M 35000 Disposed 2017-02-23 Common Stock (35000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 27896 Indirect

Footnotes

F1: Includes 8,000 restricted shares subject to vesting over time and 10,000 unvested restricted stock units subject to service criteria.

F2: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $61.18 to $61.73. 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.

F3: The options vested and became exercisable in four equal annual installments beginning on February 23, 2011.

F4: In addition, the Reporting Person beneficially owns 140,000 restricted stock units that were collectively granted in 2013, 2014 and 2015 subject to performance criteria (with various vesting dates) and 140,000 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report.