Mark D. Millett - Oct 27, 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Chairman, President & CEO, Director
Signature
Mark D. Millett
Stock symbol
STLD
Transactions as of
Oct 27, 2022
Transactions value $
-$10,365,772
Form type
4
Date filed
10/28/2022, 01:20 PM
Previous filing
Apr 6, 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 $1.65M +46.2K +1.64% $35.76 2.86M Oct 27, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$4.53M -46.2K -1.62% $98.04 2.82M Oct 27, 2022 Direct F2
transaction STLD Common Stock Options Exercise $2.16M +74K +2.63% $29.13 2.89M Oct 27, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$7.25M -74K -2.56% $98.04 2.82M Oct 27, 2022 Direct F2
transaction STLD Common Stock Options Exercise $1.85M +43.2K +1.54% $42.83 2.86M Oct 27, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$4.24M -43.2K -1.51% $98.04 2.82M Oct 27, 2022 Direct F2
holding STLD Common Stock 119K Oct 27, 2022 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 Rights Options Exercise $0 -46.2K -100% $0.00* 0 Oct 27, 2022 Common Stock 46.2K $35.76 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -74K -81.83% $0.00 16.4K Oct 27, 2022 Common Stock 74K $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -43.2K -55.56% $0.00 34.6K Oct 27, 2022 Common Stock 43.2K $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).