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

Signature
Barry Schneider
Issuer symbol
STLD
Transactions as of
15 Nov 2022
Net transactions value
-$501,498
Form type
4
Filing time
16 Nov 2022, 09:41:01 UTC
Previous filing
03 May 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 $143,844 +4,938 +3.2% $29.13 159,273 15 Nov 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $495,775 -4,938 -3.1% $100.40 154,335 15 Nov 2022 Direct F2
transaction STLD Common Stock Options Exercise $111,272 +2,598 +1.7% $42.83 156,933 15 Nov 2022 Direct F1
transaction STLD Common Stock Disposed to Issuer $260,839 -2,598 -1.7% $100.40 154,335 15 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 Right Options Exercise $0 -4,938 -60% $0.000000 3,269 15 Nov 2022 Common Stock 4,938 $29.13 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -2,598 -27% $0.000000 6,913 15 Nov 2022 Common Stock 2,598 $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).