AI assistant
STEEL DYNAMICS INC — Director's Dealing 2018
Feb 20, 2018
30310_dirs_2018-02-20_03eb6671-9d89-42d2-ba6b-8a96a3761635.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2018-02-15
Reporting Person: Wagler Theresa E (Executive Vice President & CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-15 | Stock Appreciation Right | $46.79 | A | 30000 | Acquired | 2028-02-15 | Common Stock (30000) | Direct |
Footnotes
F1: Stock Appreciation Rights (SAR) Award Agreement approved on February 15, 2018, by the Compensation Committee of the Company's Board of Directors, consisting of five non-employee independent directors, exempt pursuant to Rule 16b-3d.
F2: Reflects the fair market value of underlying common stock on the grant date.
F3: One-third (10,000) of the SARs are exercisable on or after 2/15/19, an additional 834 of the SARs become exercisable each month for the next 23 months, and the balance of 818 of the SARs become exercisable on 2/15/21. This SARs award expires on 2/15/2028.