STEEL DYNAMICS INC — Director's Dealing 2022

Mar 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STEEL DYNAMICS INC (STLD)
CIK: 0001022671
Period of Report: 2022-03-03

Reporting Person: Graham Christopher A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-03	Common Stock	S	4425	$76.51	Disposed	79071	Direct
2022-03-04	Common Stock	M	3745	$35.76	Acquired	82816	Direct
2022-03-04	Common Stock	D	3745	$77.09	Disposed	79071	Direct
2022-03-04	Common Stock	M	8230	$29.13	Acquired	87301	Direct
2022-03-04	Common Stock	D	8230	$77.09	Disposed	79071	Direct
2022-03-04	Common Stock	M	5189	$42.83	Acquired	84260	Direct
2022-03-04	Common Stock	D	5189	$77.09	Disposed	79071	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-04	Stock Appreciation Right	$35.76	M	3745	Disposed	2029-02-11	Common Stock (3745)	Direct
2022-03-04	Stock Appreciation Right	$29.13	M	8230	Disposed	2030-02-20	Common Stock (8230)	Direct
2022-03-04	Stock Appreciation Right	$42.83	M	5189	Disposed	2031-02-24	Common Stock (5189)	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: Deemed 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).