Mark S. Silver - Mar 31, 2024 Form 4 Insider Report for Ryerson Holding Corp (RYI)

Role
EVP, GC & Chief HR Officer
Signature
/s/ Camilla Rykke Merrick, attorney-in-fact
Stock symbol
RYI
Transactions as of
Mar 31, 2024
Transactions value $
-$327,697
Form type
4
Date filed
4/2/2024, 05:17 PM
Previous filing
Mar 25, 2024
Next filing
Jun 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RYI Common Stock (par value ($0.01 per share) Options Exercise $0 +2.61K +2.52% $0.00 106K Mar 31, 2024 Direct F1
transaction RYI Common Stock (par value ($0.01 per share) Options Exercise $0 +2.58K +2.44% $0.00 109K Mar 31, 2024 Direct F1
transaction RYI Common Stock (par value ($0.01 per share) Options Exercise $0 +2.81K +2.59% $0.00 111K Mar 31, 2024 Direct F1
transaction RYI Common Stock (par value ($0.01 per share) Options Exercise $0 +15.1K +13.54% $0.00 126K Mar 31, 2024 Direct F2
transaction RYI Common Stock (par value ($0.01 per share) Tax liability -$328K -9.78K -7.74% $33.50 117K Apr 1, 2024 Direct F12

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RYI Restricted Stock Units Options Exercise $0 -2.61K -100% $0.00* 0 Mar 31, 2024 Common Stock 2.61K Direct F3, F4, F5, F6
transaction RYI Restricted Stock Units Options Exercise $0 -2.58K -50% $0.00 2.58K Mar 31, 2024 Common Stock 2.58K Direct F3, F4, F7, F8
transaction RYI Restricted Stock Units Options Exercise $0 -2.81K -33.33% $0.00 5.62K Mar 31, 2024 Common Stock 2.81K Direct F3, F4, F9, F10
transaction RYI Restricted Stock Units Award $0 +8.25K $0.00 8.25K Mar 31, 2024 Common Stock 8.25K Direct F3, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares received upon the vesting of restricted stock units and shares received upon the vesting of dividend equivalent rights granted in connection with the quarterly dividends declared by Ryerson Holding Corporation (the "Company"). Dividend equivalent rights are subject to the same terms and conditions, including vesting, as the underlying restricted stock units.
F2 Represents shares received or that will be received in respect of performance-based restricted stock units granted on March 31, 2021. Each performance-based restricted stock unit became vested on March 31, 2024, which was the later of (i) the third anniversary of the grant date and (ii) the date the compensation committee certified the achievement of the applicable performance objectives in accordance with the underlying award agreement. The compensation committee certified the achievement of the applicable performance objectives on March 31, 2024. Vested shares will be delivered to the reporting person not later than 60 days following the vesting date.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock of the Company.
F4 The restricted stock units reported as disposed herein were settled for shares of common stock of the Company.
F5 On March 31, 2021, the reporting person was granted 7,425 restricted stock units, of which 2,475 vested on the first anniversary of the grant date, 2,475 vested on the second anniversary of the grant date and 2,475 vested on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F6 Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2021. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F7 On March 31, 2022, the reporting person was granted 7,425 restricted stock units, of which 2,475 vested on the first anniversary of the grant date and 2,475 vested on the second anniversary of the grant date. All 2,475 of the remaining unvested restricted stock units will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F8 Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2022. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F9 On March 31, 2023, the reporting person was granted 8,250 restricted stock units, of which 2,750 vested on the first anniversary of the grant date. Of the remaining unvested restricted stock units, 2,750 will vest on the second anniversary of the grant date and 2,750 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F10 Settlement of dividend equivalent rights in connection with the vesting of underlying restricted stock units that were granted on March 31, 2023. The dividend equivalent rights accrued when and as the Company declared quarterly dividends and vested proportionately with the restricted stock unit to which they related. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F11 On March 31, 2024, the reporting person was granted 8,250 restricted stock units, of which 2,750 will vest on the first anniversary of the grant date, 2,750 will vest on the second anniversary of the grant date and 2,750 will vest on the third anniversary of the grant date. Vested shares will be delivered to the reporting person not later than 60 days following such vesting dates.
F12 Represents shares that have been withheld by the Company to satisfy its income tax and withholding remittance obligations in connection with the net settlement of restricted stock units.