STEEL DYNAMICS INC — Director's Dealing 2014

Nov 24, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2014-11-21

Reporting Person: TEETS RICHARD P JR (Director, Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-21	Common Stock	A	3077	—	Acquired	5099927	Direct
2014-11-21	Common Stock	F	1456	$22.62	Disposed	5098471	Direct
2014-11-21	Common Stock	F	1953	$22.74	Disposed	5096518	Direct
2014-11-21	Common Stock	F	1740	$22.74	Disposed	5094778	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	7676	Indirect
Common Stock	7676	Indirect
Common Stock	94089	Indirect

Footnotes

F1: Represents grant of restricted stock, in lieu of resricted stock units because of reporting person's age, for no consideration, and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3), subject, however, to a two year holdiing period..

F2: Represents disposition to issuer to cover taxes payable upon issuance of shares reported in footnote (1), exempt pursuant to Rule 16b-3.

F3: Represents disposition to issuer to cover taxes payable upon vesting of previously issued and reported restricted stock units, exempt pursuant to Rule 16b-3.

F4: Represents disposition to issuer to cover taxes payable upon issuance of restricted shares required to be issued to reporting person by reason of his age, in advance of the otherwise applicable second year of the two-year vesting requirement of previously issued restricted stock units; subject, however, to an additional one-year holding period.