STEEL DYNAMICS INC — Director's Dealing 2018

Feb 20, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2018-02-16

Reporting Person: TEETS RICHARD P JR (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-02-16	Common Stock	A	478	—	Acquired	5048315	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	10676	Indirect
Common Stock	10676	Indirect
Common Stock	94089	Indirect

Footnotes

F1: Represents the number of shares of common stock underlying deferred stock units (DSUs) issued to the reporting person in connection with a portion of this person's retainer as a director under the Steel Dynamics, Inc. 2015 Equity Incentive Plan. This transaction is exempt from the provisions of Section 16(b), by virtue of Rule 16b-3(d)(1) and (3).

F2: Reportable as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in shares of common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3).

F3: Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.