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

Role
Senior Vice President
Signature
/s/ Miquel Alvarez
Issuer symbol
STLD
Transactions as of
30 Apr 2024
Net transactions value
-$983,973
Form type
4
Filing time
01 May 2024, 14:27:25 UTC
Previous filing
15 Mar 2024
Next filing
13 Nov 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 $95,226 +3,269 +2.6% $29.13 126,868 30 Apr 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer $441,544 -3,269 -2.6% $135.07 123,599 30 Apr 2024 Direct F2
transaction STLD Common Stock Options Exercise $296,084 +6,913 +5.6% $42.83 130,512 30 Apr 2024 Direct F1
transaction STLD Common Stock Disposed to Issuer $933,739 -6,913 -5.3% $135.07 123,599 30 Apr 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 -3,269 -100% $0.000000* 0 30 Apr 2024 Common Stock 3,269 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -6,913 -100% $0.000000* 0 30 Apr 2024 Common Stock 6,913 $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).