Luis Manuel Sierra - 25 Feb 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role: Director
Signature: Theresa E. Wagler by Power of Attorney
Issuer symbol: STLD
Transactions as of: 25 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 01 Mar 2022, 15:00:24 UTC
Previous filing: 19 Jan 2022
Next filing: 22 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STLD	Common Stock	Award	$0	+1,139	+114%	$0.000000	2,139	25 Feb 2022	Direct	F1

* 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 Steel Dynamics, Inc. 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 Steel Dynamics, Inc. 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)