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RELIANCE, INC. — Director's Dealing 2016
Jan 6, 2016
30421_dirs_2016-01-05_1578a335-dd9d-47cc-b32d-a7bd549c5727.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: 2015-12-31
Reporting Person: HOFFMAN JAMES DONALD (EVP, Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-12-31 | Common Stock | M | 2000 | — | Acquired | 24764 | Direct |
| 2015-12-31 | Common Stock | F | 649 | $57.91 | Disposed | 24115 | 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 | 731 | Indirect |
| Common Stock | 3320 | 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 (i) 10,000 restricted stock units subject to performance and service criteria, (ii) 12,500 options to acquire common stock, and (iii) 3,143 shares of phantom stock (to be satisfied by a cash payment to the Reporting Person upon the termination of his employment with the Issuer) as of the date of this report.