Barry Schneider - 21 Mar 2024 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
/s/ Barry Schneider
Issuer symbol
STLD
Transactions as of
21 Mar 2024
Net transactions value
-$128,259
Form type
4
Filing time
21 Mar 2024, 15:48:53 UTC
Previous filing
15 Mar 2024
Next filing
22 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $54,994 +1,284 +0.61% $42.83 210,453 21 Mar 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer $183,252 -1,284 -0.61% $142.72 209,169 21 Mar 2024 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 -1,284 -100% $0.000000* 0 21 Mar 2024 Common Stock 1,284 $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-3(e).
F3 Exempt exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d).