Barry Schneider - 04 Dec 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
President and COO
Signature
/s/ Barry Schneider
Issuer symbol
STLD
Transactions as of
04 Dec 2023
Net transactions value
-$729,219
Form type
4
Filing time
05 Dec 2023, 16:08:26 UTC
Previous filing
21 Nov 2023
Next filing
26 Feb 2024
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 $95,226 +3,269 +1.8% $29.13 185,320 04 Dec 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer $391,463 -3,269 -1.8% $119.75 182,051 04 Dec 2023 Direct F2
transaction STLD Common Stock Options Exercise $241,090 +5,629 +3.1% $42.83 187,680 04 Dec 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer $674,073 -5,629 -3% $119.75 182,051 04 Dec 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 -3,269 -100% $0.000000* 0 04 Dec 2023 Common Stock 3,269 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -5,629 -81% $0.000000 1,284 04 Dec 2023 Common Stock 5,629 $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 compromised 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 compromised soley 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).