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 2016

Mar 5, 2016

30421_dirs_2016-03-04_8ae3ad02-9537-4d5c-976f-fc438a31ac71.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: 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.