Barry Schneider - Nov 15, 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
Barry Schneider
Stock symbol
STLD
Transactions as of
Nov 15, 2022
Transactions value $
-$501,498
Form type
4
Date filed
11/16/2022, 09:41 AM
Previous filing
May 3, 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 $144K +4.94K +3.2% $29.13 159K Nov 15, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$496K -4.94K -3.1% $100.40 154K Nov 15, 2022 Direct F2
transaction STLD Common Stock Options Exercise $111K +2.6K +1.68% $42.83 157K Nov 15, 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer -$261K -2.6K -1.66% $100.40 154K Nov 15, 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 Right Options Exercise $0 -4.94K -60.17% $0.00 3.27K Nov 15, 2022 Common Stock 4.94K $29.13 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -2.6K -27.32% $0.00 6.91K Nov 15, 2022 Common Stock 2.6K $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 Deemed 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).