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RELIANCE, INC. — Director's Dealing 2016
Mar 5, 2016
30421_dirs_2016-03-04_e5e1e95f-2c80-481f-aea6-a36336fec06f.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: 2016-03-03
Reporting Person: Lewis Karla R (Sr. EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-03 | Common Stock | M | 40000 | $42.81 | Acquired | 99905 | Direct |
| 2016-03-03 | Common Stock | S | 34377 | $65.33 | Disposed | 65528 | Direct |
| 2016-03-03 | Common Stock | S | 5623 | $66.14 | Disposed | 59905 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-03 | Option to Acquire Common Stock | $42.81 | M | 40000 | Disposed | 2017-02-23 | Common Stock (40000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5787 | Indirect |
| Common Stock | 184 | Indirect |
Footnotes
F1: Includes 1,500 restricted shares subject to vesting over time and 8,800 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 $64.95 to $65.88. 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 price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $65.96 to $66.75. 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.
F4: The options vested and became exercisable in four equal annual installments beginning on February 23, 2011.
F5: In addition, the Reporting Person beneficially owns 28,800 restricted stock units subject to performance and service criteria and 40,000 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.