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RELIANCE, INC. — Director's Dealing 2016
Feb 29, 2016
30421_dirs_2016-02-29_8d17252b-aa7c-465a-b40f-50cfd1d95513.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: 2016-02-26
Reporting Person: Tenenbaum Sheldon U. (Sr. VP, Supplier Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-02-26 | Common Stock | M | 5000 | $42.81 | Acquired | 22431 | Direct |
| 2016-02-26 | Common Stock | S | 5000 | $60.79 | Disposed | 17431 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-02-26 | Options to Acquire Common Stock | $42.81 | M | 5000 | Disposed | 2017-02-23 | Common Stock (5000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 571 | Indirect |
| Common Stock | 4274 | Indirect |
Footnotes
F1: Includes 1,000 restricted shares subject to vesting over time.
F2: The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $60.70 to $60.98. 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, which was the first anniversary of the date on which the options were granted.
F4: In the aggregate, the Reporting Person beneficially owns 32,500 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report.