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RELIANCE, INC. — Director's Dealing 2016
Nov 23, 2016
30421_dirs_2016-11-23_4a351e54-453a-487a-ae8f-d4c45ffd1382.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: 2016-11-22
Reporting Person: SALES WILLIAM K JR (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-22 | Common Stock | M | 25000 | $55.73 | Acquired | 102843 | Direct |
| 2016-11-22 | Common Stock | S | 19385 | $81.40 | Disposed | 83458 | Direct |
| 2016-11-22 | Common Stock | S | 5615 | $82.11 | Disposed | 77843 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-22 | Option to Acquire Common Stock | $55.73 | M | 25000 | Disposed | 2018-02-23 | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2714 | Indirect |
Footnotes
F1: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $80.95 to $81.95. 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: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $81.96 to $82.32. 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, 2012.