Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Ryerson Holding Corp Director's Dealing 2024

Apr 2, 2024

32490_dirs_2024-04-02_919674dd-bd4c-4801-84a9-e76666774646.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Ryerson Holding Corp (RYI)
CIK: 0001481582
Period of Report: 2024-03-31

Reporting Person: Lehner Edward J. (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-03-31 Common Stock (par value ($0.01 per share) M 12174.0455 Acquired 557887.1041 Direct
2024-03-31 Common Stock (par value ($0.01 per share) M 12628.8134 Acquired 570515.9175 Direct
2024-03-31 Common Stock (par value ($0.01 per share) M 12371.5658 Acquired 582887.4833 Direct
2024-03-31 Common Stock (par value ($0.01 per share) M 70350 Acquired 653237.4833 Direct
2024-04-01 Common Stock (par value ($0.01 per share) F 53759 $33.5 Disposed 599478.4833 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-03-31 Restricted Stock Units $ M 12174.0455 Disposed Common Stock (12174.0455) Direct
2024-03-31 Restricted Stock Units $ M 12628.8134 Disposed Common Stock (12628.8134) Direct
2024-03-31 Restricted Stock Units $ M 12371.5658 Disposed Common Stock (12371.5658) Direct
2024-03-31 Restricted Stock Units $ A 36300 Acquired Common Stock (36300) Direct

Footnotes

F1: Represents shares received upon the vesting of restricted stock units and shares received upon the vesting of dividend equivalent rights granted in connection with the quarterly dividends declared by Ryerson Holding Corporation (the "Company"). Dividend equivalent rights are subject to the same terms and conditions, including vesting, as the underlying restricted stock units.

F2: Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2021. Each performance-based restricted stock unit became vested on March 31, 2024, 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, 2024. Vested shares will be delivered to the reporting person not later than 60 days following the vesting date.

F3: Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.

F4: The restricted stock units reported as disposed herein were settled for shares of common stock of the Company.

F5: On March 31, 2021, the reporting person was granted 34,650 restricted stock units, of which 11,550 vested on the first anniversary of the grant date, 11,550 vested on the second anniversary of the grant date and 11,550 vested on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F6: Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2021. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F7: On March 31, 2022, the reporting person was granted 36,300 restricted stock units, of which 12,100 vested on the first anniversary of the grant date and 12,100 vested on the second anniversary of the grant date. All 12,100 of the remaining unvested restricted stock units will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F8: Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2022. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F9: On March 31, 2023, the reporting person was granted 36,300 restricted stock units, of which 12,100 vested on the first anniversary of the grant date. Of the remaining unvested restricted stock units, 12,100 will vest on the second anniversary of the grant date and 12,100 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F10: Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2023. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F11: On March 31, 2024, the reporting person was granted 36,300 restricted stock units, of which 12,100 will vest on the first anniversary of the grant date, 12,100 will vest on the second anniversary of the grant date and 12,100 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.

F12: Represents shares that have been withheld by the Company to satisfy its income tax and withholding remittance obligations in connection with the net settlement of restricted stock units.