Mark D. Millett - 12 May 2021 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
President and CEO, Director
Signature
Mark D. Millett
Issuer symbol
STLD
Transactions as of
12 May 2021
Transactions value $
-$14,482,597
Form type
4
Filing time
14 May 2021, 10:50:55 UTC
Next filing
01 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $1.04M +56K +1.68% $18.57 3.38M 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer -$3.6M -56K -1.65% $64.34 3.33M 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $3.75M +100K +3% $37.53 3.43M 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer -$6.43M -100K -2.92% $64.34 3.33M 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $8.66M +185K +5.56% $46.79 3.51M 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer -$11.9M -185K -5.27% $64.34 3.33M 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $4.96M +139K +4.17% $35.76 3.47M 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer -$8.93M -139K -4% $64.34 3.33M 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $1.68M +57.5K +1.73% $29.13 3.39M 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer -$3.7M -57.5K -1.7% $64.34 3.33M 12 May 2021 Direct F2
holding STLD Common Stock 131K 12 May 2021 By grantor retained annuity trust

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 STLD Stock Appreciation Right Options Exercise $0 -56K -100% $0.00* 0 12 May 2021 Common Stock 56K $18.57 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -100K -100% $0.00* 0 12 May 2021 Common Stock 100K $37.53 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -185K -100% $0.00* 0 12 May 2021 Common Stock 185K $46.79 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -139K -75% $0.00 46.2K 12 May 2021 Common Stock 139K $35.76 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -57.5K -38.89% $0.00 90.4K 12 May 2021 Common Stock 57.5K $29.13 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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).