Mark D. Millett - 21 Mar 2024 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Chairman & CEO, Director
Signature
/s/ Mark D. Millett
Issuer symbol
STLD
Transactions as of
21 Mar 2024
Net transactions value
-$5,320,925
Form type
4
Filing time
21 Mar 2024, 15:49:30 UTC
Previous filing
15 Mar 2024
Next filing
17 May 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 $478,489 +16,426 +0.55% $29.13 2,992,396 21 Mar 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer $2,344,319 -16,426 -0.55% $142.72 2,975,970 21 Mar 2024 Direct F2
transaction STLD Common Stock Options Exercise $1,481,447 +34,589 +1.2% $42.83 3,010,559 21 Mar 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer $4,936,542 -34,589 -1.1% $142.72 2,975,970 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 -16,426 -100% $0.000000* 0 21 Mar 2024 Common Stock 16,426 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -34,589 -100% $0.000000* 0 21 Mar 2024 Common Stock 34,589 $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).