Glenn Pushis - 02 Nov 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
Glenn Pushis
Issuer symbol
STLD
Transactions as of
02 Nov 2022
Net transactions value
-$1,721,028
Form type
4
Filing time
04 Nov 2022, 09:25:20 UTC
Previous filing
16 Mar 2022
Next filing
22 Nov 2022

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 +3% $35.76 143,116 02 Nov 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $402,507 -4,162 -2.9% $96.71 138,954 02 Nov 2022 Direct F2
transaction STLD Common Stock Options Exercise $431,532 +14,814 +11% $29.13 153,768 02 Nov 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $1,432,662 -14,814 -9.6% $96.71 138,954 02 Nov 2022 Direct F2
transaction STLD Common Stock Options Exercise $370,608 +8,653 +6.2% $42.83 147,607 02 Nov 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $836,832 -8,653 -5.9% $96.71 138,954 02 Nov 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 02 Nov 2022 Common Stock 4,162 $35.76 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -14,814 -82% $0.000000 3,269 02 Nov 2022 Common Stock 14,814 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -8,653 -56% $0.000000 6,913 02 Nov 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).