STEEL DYNAMICS INC — Director's Dealing 2022

Nov 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2022-11-02

Reporting Person: Pushis Glenn (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-11-02	Common Stock	M	4162	$35.76	Acquired	143116	Direct
2022-11-02	Common Stock	D	4162	$96.71	Disposed	138954	Direct
2022-11-02	Common Stock	M	14814	$29.13	Acquired	153768	Direct
2022-11-02	Common Stock	D	14814	$96.71	Disposed	138954	Direct
2022-11-02	Common Stock	M	8653	$42.83	Acquired	147607	Direct
2022-11-02	Common Stock	D	8653	$96.71	Disposed	138954	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-11-02	Stock Appreciation Rights	$35.76	M	4162	Disposed	2029-02-11	Common Stock (4162)	Direct
2022-11-02	Stock Appreciation Rights	$29.13	M	14814	Disposed	2030-02-20	Common Stock (14814)	Direct
2022-11-02	Stock Appreciation Rights	$42.83	M	8653	Disposed	2031-02-24	Common Stock (8653)	Direct

Footnotes

F1: Deemed Acquisition of underlying shares from issuer by Reporting Person, upon exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d), approved in advance by a Committee comprised solely of two or more Non-Employee directors; also exempt pursuant to Rule 16b-6(b).

F2: Deemded disposition of underlying shares by Reporting Person to issuer upon cash-settled exercise of stock appreciation rights, approved in advance by a Committee comprised solely of two or more Non-Employee directors, exempt from Section 16(b) pursuant to Rule 16b-3(d) and Rule 16b-3e.

F3: Exempt exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d).