Miguel Alvarez - 25 Oct 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Senior Vice President
Signature
Miguel Alvarez
Issuer symbol
STLD
Transactions as of
25 Oct 2022
Net transactions value
-$1,708,595
Form type
4
Filing time
27 Oct 2022, 12:57:36 UTC
Previous filing
16 Mar 2022
Next filing
22 Nov 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 Options Exercise $148,833 +4,162 +5.1% $35.76 85,790 25 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $400,634 -4,162 -4.9% $96.26 81,628 25 Oct 2022 Direct F2
transaction STLD Common Stock Options Exercise $431,532 +14,814 +18% $29.13 96,442 25 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $1,425,996 -14,814 -15% $96.26 81,628 25 Oct 2022 Direct F2
transaction STLD Common Stock Options Exercise $370,608 +8,653 +11% $42.83 90,281 25 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $832,938 -8,653 -9.6% $96.26 81,628 25 Oct 2022 Direct F2

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 Rights Options Exercise $0 -4,162 -100% $0.000000* 0 25 Oct 2022 Common Stock 4,162 $35.76 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -14,814 -82% $0.000000 3,269 25 Oct 2022 Common Stock 14,814 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -8,653 -56% $0.000000 6,913 25 Oct 2022 Common Stock 8,653 $42.83 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 Deemded 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).