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RELIANCE, INC. — Director's Dealing 2016
Apr 27, 2016
30421_dirs_2016-04-27_59a72ce1-4e7b-4efa-9da5-31c5ea7ad5c7.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: 2016-04-25
Reporting Person: HANNAH DAVID H (Director, Executive Chairman)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-04-25 | Common Stock | M | 30000 | $55.73 | Acquired | 233917 | Indirect |
| 2016-04-25 | Common Stock | S | 30000 | $71.38 | Disposed | 203917 | Indirect |
| 2016-04-25 | Common Stock | S | 5917 | $71.40 | Disposed | 198000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-04-25 | Option to Acquire Common Stock | $55.73 | M | 30000 | Disposed | 2018-02-23 | Common Stock (30000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 28000 | Indirect |
Footnotes
F1: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $71.06 to $71.64. 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 $71.14 to $71.70. 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.