AI assistant
RELIANCE, INC. — Director's Dealing 2016
Jan 6, 2016
30421_dirs_2016-01-05_0ca34dd4-5831-43f5-875a-00d360fa49da.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RELIANCE STEEL & ALUMINUM CO (RS)
CIK: 0000861884
Period of Report: 2015-12-31
Reporting Person: SALES WILLIAM K JR (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-31 | Common Stock | M | 2000 | — | Acquired | 70341 | Direct |
| 2015-12-31 | Common Stock | F | 1044 | $57.91 | Disposed | 69297 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-12-31 | Restricted Stock Units | $ | M | 2000 | Disposed | Common Stock (2000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2611 | Indirect |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of RS common stock and certain dividend equivalents.
F2: Includes 1,000 restricted shares subject to vesting over time and 7,600 unvested restricted stock units subject to service criteria.
F3: 2,000 restricted stock units vested on December 31, 2015. The remaining 8,000 restricted stock units reported on this line are subject to performance criteria and all or a portion shall vest on or before March 15, 2016.
F4: In addition, the Reporting Person beneficially owns 10,000 restricted stock units subject to performance and service criteria and 50,000 options to acquire common stock as of the date of this report.