AI assistant
STEEL DYNAMICS INC — Director's Dealing 2020
Feb 24, 2020
30310_dirs_2020-02-24_2cb100c7-ebc0-4a04-a8be-d541d6f5cc4e.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: 2020-02-20
Reporting Person: Pushis Glenn (Senior Vice President)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-02-20 | Stock Appreciation Rights | $29.13 | A | 29594 | Acquired | 2030-02-20 | Common Stock (29594) | Direct |
Footnotes
F1: Stock Appreciation Rights (SAR) Award Agreement approved on February 20, 2020, 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 (9,865) of the SARs are exercisable on or after 2/20/21, an additional 823 of the SARs become exercisable each month for the next 23 months, and the balance of 800 of the SARs become exercisable on 2/20/23. This SARs award expires on 2/20/2030.