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

Role
President and COO
Signature
/s/ Barry Schneider
Stock symbol
STLD
Transactions as of
Mar 21, 2024
Transactions value $
-$128,259
Form type
4
Date filed
3/21/2024, 03:48 PM
Previous filing
Mar 15, 2024
Next filing
Nov 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $55K +1.28K +0.61% $42.83 210K Mar 21, 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer -$183K -1.28K -0.61% $142.72 209K Mar 21, 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 -1.28K -100% $0.00* 0 Mar 21, 2024 Common Stock 1.28K $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).