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Ryerson Holding Corp — Director's Dealing 2020
Apr 2, 2020
32490_dirs_2020-04-02_90067ce0-634c-4f13-93c9-6026b78c61cc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Ryerson Holding Corp (RYI)
CIK: 0001481582
Period of Report: 2020-03-31
Reporting Person: Lehner Edward J. (President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-31 | Common Stock, (par value $0.01 per share) | M | 10450 | — | Acquired | 337950 | Direct |
| 2020-03-31 | Common Stock, (par value $0.01 per share) | M | 11165 | — | Acquired | 349115 | Direct |
| 2020-03-31 | Common Stock, (par value $0.01 per share) | M | 11550 | — | Acquired | 360665 | Direct |
| 2020-03-31 | Common Stock, (par value $0.01 per share) | M | 63650 | — | Acquired | 424315 | Direct |
| 2020-03-31 | Common Stock, (par value $0.01 per share) | S | 25438 | $5.32 | Disposed | 398877 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-31 | Restricted Stock Units | $ | M | 10450 | Disposed | Common Stock (par value $0.01 per share) (10450) | Direct | |
| 2020-03-31 | Restricted Stock Units | $ | M | 11165 | Disposed | Common Stock (par value $0.01 per share) (11165) | Direct | |
| 2020-03-31 | Restricted Stock Units | $ | M | 11550 | Disposed | Common Stock (par value $0.01 per share) (11550) | Direct | |
| 2020-03-31 | Restricted Stock Units | $ | M | 63650 | Disposed | Common Stock (par value $0.01 per share) (63650) | Direct | |
| 2020-03-31 | Restricted Stock Units | $ | P | 34650 | Acquired | Common Stock (par value $0.01 per share) (34650) | Direct |
Footnotes
F1: Shares received upon the vesting of restricted stock units.
F2: The shares were sold in a sell-to-cover transaction for the taxes due in connection with restricted stock units vesting on March 31, 2020.
F3: Each restricted stock unit represents a contingent right to receive one share of common stock of Ryerson Holding Corporation.
F4: On March 31, 2017, the reporting person was granted 31,350 restricted stock units, of which 10,450 vested on March 31, 2018, 10,450 vested on March 31, 2019 and 10,450 vested on March 31, 2020. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F5: The restricted stock units reported as disposed herein were settled for shares of common stock of Ryerson Holding Corporation.
F6: On March 31, 2018, the reporting person was granted 33,495 restricted stock units, of which 11,165 vested on March 31, 2019 and 11,165 vested on March 31, 2020. The remaining 11,165 unvested restricted stock units will vest on March 31, 2021. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F7: On March 31, 2019, the reporting person was granted 34,650 restricted stock units, of which 11,550 vested on March 31, 2020. Of the remaining unvested restricted stock units, 11,550 will vest on March 31, 2021 and 11,550 will vest on March 31, 2022. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F8: Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2017. Each performance-based restricted stock unit became vested on March 31, 2020, which was the later of (i) the third anniversary of the grant date, and (ii) the date the compensation committee certified the achievement of the applicable performance objectives in accordance with the underlying award agreement. The compensation committee certified the achievement of the applicable performance objectives on March 31, 2020. Vested shares will be delivered to the reporting person not later than 60 days following the vesting date.
F9: On March 31, 2020, the reporting person was granted 34,650 restricted stock units, of which 11,550 will vest on March 31, 2021, 11,550 will vest on March 31, 2022 and 11,550 will vest on March 31, 2023. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.