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
Net 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 $1,039,920 +56,000 +1.7% $18.57 3,383,887 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $3,603,040 -56,000 -1.7% $64.34 3,327,887 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $3,753,000 +100,000 +3% $37.53 3,427,887 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $6,434,000 -100,000 -2.9% $64.34 3,327,887 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $8,656,150 +185,000 +5.6% $46.79 3,512,887 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $11,902,900 -185,000 -5.3% $64.34 3,327,887 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $4,961,772 +138,752 +4.2% $35.76 3,466,639 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $8,927,304 -138,752 -4% $64.34 3,327,887 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $1,676,315 +57,546 +1.7% $29.13 3,385,433 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $3,702,510 -57,546 -1.7% $64.34 3,327,887 12 May 2021 Direct F2
holding STLD Common Stock 130,700 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 -56,000 -100% $0.000000* 0 12 May 2021 Common Stock 56,000 $18.57 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -100,000 -100% $0.000000* 0 12 May 2021 Common Stock 100,000 $37.53 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -185,000 -100% $0.000000* 0 12 May 2021 Common Stock 185,000 $46.79 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -138,752 -75% $0.000000 46,248 12 May 2021 Common Stock 138,752 $35.76 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -57,546 -39% $0.000000 90,424 12 May 2021 Common Stock 57,546 $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).