Christopher A. Graham - Aug 4, 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
/s/ Christopher A. Graham
Stock symbol
STLD
Transactions as of
Aug 4, 2023
Transactions value $
-$493,449
Form type
4
Date filed
8/8/2023, 03:39 PM
Previous filing
Mar 15, 2023
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $95.2K +3.27K +2.99% $29.13 113K Aug 4, 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer -$345K -3.27K -2.9% $105.44 109K Aug 4, 2023 Direct F2
transaction STLD Common Stock Options Exercise $167K +3.9K +3.56% $42.83 113K Aug 4, 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer -$411K -3.9K -3.44% $105.44 109K Aug 4, 2023 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 -3.27K -100% $0.00* 0 Aug 4, 2023 Common Stock 3.27K $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -3.9K -56.37% $0.00 3.02K Aug 4, 2023 Common Stock 3.9K $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).