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RELIANCE, INC. — Director's Dealing 2016
Mar 5, 2016
30421_dirs_2016-03-04_8ae3ad02-9537-4d5c-976f-fc438a31ac71.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: 2016-03-02
Reporting Person: SALES WILLIAM K JR (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-02 | Common Stock | M | 25000 | $42.81 | Acquired | 94297 | Direct |
| 2016-03-02 | Common Stock | S | 25000 | $64.33 | Disposed | 69297 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-02 | Option to Acquire Common Stock | $42.81 | M | 25000 | Disposed | 2017-02-23 | Common Stock (25000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2611 | Indirect |
Footnotes
F1: Includes 1,000 restricted shares subject to vesting over time and 7,600 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 $64.11 to $64.57. 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 18,000 restricted stock units subject to performance and service criteria (with various vesting dates) and 25,000 options to acquire common stock, each with an exercise price of $55.73 and an expiration date of February 23, 2018, as of the date of this report.