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STEEL DYNAMICS INC Director's Dealing 2018

Nov 26, 2018

30310_dirs_2018-11-26_c9f58a26-2730-4897-872c-e00ab7ee8a6c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2018-11-21

Reporting Person: MILLETT MARK D (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-11-21 Common Stock A 2292 Acquired 3221548 Direct
2018-11-21 Common Stock F 1024 $37.96 Disposed 3220524 Direct
2018-11-21 Common Stock F 1166 $37.96 Disposed 3219358 Direct
2018-11-21 Common Stock F 17965 $37.96 Disposed 3201393 Direct

Footnotes

F1: Represents grant of restricted stock, in lieu of restricted 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 holding 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.