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

Role
Senior Vice President
Signature
Miguel Alvarez
Stock symbol
STLD
Transactions as of
Oct 25, 2022
Transactions value $
-$1,708,595
Form type
4
Date filed
10/27/2022, 12:57 PM
Previous filing
Mar 16, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $149K +4.16K +5.1% $35.76 85.8K Oct 25, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$401K -4.16K -4.85% $96.26 81.6K Oct 25, 2022 Direct F2
transaction STLD Common Stock Options Exercise $432K +14.8K +18.15% $29.13 96.4K Oct 25, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$1.43M -14.8K -15.36% $96.26 81.6K Oct 25, 2022 Direct F2
transaction STLD Common Stock Options Exercise $371K +8.65K +10.6% $42.83 90.3K Oct 25, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$833K -8.65K -9.58% $96.26 81.6K Oct 25, 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 -4.16K -100% $0.00* 0 Oct 25, 2022 Common Stock 4.16K $35.76 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -14.8K -81.92% $0.00 3.27K Oct 25, 2022 Common Stock 14.8K $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -8.65K -55.59% $0.00 6.91K Oct 25, 2022 Common Stock 8.65K $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).