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

Role
Chairman, President & CEO, Director
Signature
Mark D. Millett
Issuer symbol
STLD
Transactions as of
27 Oct 2022
Net transactions value
-$10,365,772
Form type
4
Filing time
28 Oct 2022, 13:20:14 UTC
Previous filing
06 Apr 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 $1,653,828 +46,248 +1.6% $35.76 2,861,939 27 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $4,534,154 -46,248 -1.6% $98.04 2,815,691 27 Oct 2022 Direct F2
transaction STLD Common Stock Options Exercise $2,155,562 +73,998 +2.6% $29.13 2,889,689 27 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $7,253,784 -73,988 -2.6% $98.04 2,815,691 27 Oct 2022 Direct F2
transaction STLD Common Stock Options Exercise $1,851,926 +43,239 +1.5% $42.83 2,858,930 27 Oct 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $4,239,152 -43,239 -1.5% $98.04 2,815,691 27 Oct 2022 Direct F2
holding STLD Common Stock 118,700 27 Oct 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 -46,248 -100% $0.000000* 0 27 Oct 2022 Common Stock 46,248 $35.76 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -73,998 -82% $0.000000 16,426 27 Oct 2022 Common Stock 73,998 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -43,239 -56% $0.000000 34,589 27 Oct 2022 Common Stock 43,239 $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).