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

Role
President and COO
Signature
/s/ Barry Schneider
Stock symbol
STLD
Transactions as of
Dec 4, 2023
Transactions value $
-$729,219
Form type
4
Date filed
12/5/2023, 04:08 PM
Previous filing
Nov 21, 2023
Next filing
Feb 26, 2024

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 +1.8% $29.13 185K Dec 4, 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer -$391K -3.27K -1.76% $119.75 182K Dec 4, 2023 Direct F2
transaction STLD Common Stock Options Exercise $241K +5.63K +3.09% $42.83 188K Dec 4, 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer -$674K -5.63K -3% $119.75 182K Dec 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 Dec 4, 2023 Common Stock 3.27K $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -5.63K -81.43% $0.00 1.28K Dec 4, 2023 Common Stock 5.63K $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).