Keith E. Busse - Jun 1, 2021 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role: Director
Signature: Theresa E. Wagler by Power of Attorney
Stock symbol: STLD
Transactions as of: Jun 1, 2021
Transactions value $: $0
Form type: 4
Date filed: 6/2/2021, 01:25 PM
Previous filing: May 11, 2021
Next filing: Jul 19, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STLD	Common Stock	Award	$0	+2.31K	+0.31%	$0.00	757K	Jun 1, 2021	Direct	F1
holding	STLD	Common Stock						5K	Jun 1, 2021	Custodian for minor grandchild

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's Amended and Restated 2015 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. See Lincoln National Corp. (March 20, 1992) (Q.3).

Content

Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's Amended and Restated 2015 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. See Lincoln National Corp. (March 20, 1992) (Q.3).