Miguel Alvarez - Apr 30, 2024 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Senior Vice President
Signature
/s/ Miquel Alvarez
Stock symbol
STLD
Transactions as of
Apr 30, 2024
Transactions value $
-$983,973
Form type
4
Date filed
5/1/2024, 02:27 PM
Previous filing
Mar 15, 2024
Next filing
Nov 13, 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 +2.64% $29.13 127K Apr 30, 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer -$442K -3.27K -2.58% $135.07 124K Apr 30, 2024 Direct F2
transaction STLD Common Stock Options Exercise $296K +6.91K +5.59% $42.83 131K Apr 30, 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer -$934K -6.91K -5.3% $135.07 124K Apr 30, 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 -3.27K -100% $0.00* 0 Apr 30, 2024 Common Stock 3.27K $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -6.91K -100% $0.00* 0 Apr 30, 2024 Common Stock 6.91K $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).