Wilson D. Erich - Nov 1, 2021 Form 4 Insider Report for SCHNITZER STEEL INDUSTRIES, INC. (SCHN)

Role: SVP, Chief HR Officer
Signature: Joseph J. Bradley, Attorney-in-Fact
Stock symbol: SCHN
Transactions as of: Nov 1, 2021
Transactions value $: -$145,260
Form type: 4
Date filed: 11/3/2021, 09:34 PM
Next filing: Nov 9, 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SCHN	Class A Common Stock	Award	$0	+4.84K	+16.73%	$0.00	33.8K	Nov 1, 2021	Direct	F1
transaction	SCHN	Class A Common Stock	Tax liability	-$60.8K	-1.13K	-3.35%	$53.80	32.6K	Nov 1, 2021	Direct	F2
transaction	SCHN	Class A Common Stock	Tax liability	-$84.5K	-1.57K	-4.81%	$53.80	31.1K	Nov 1, 2021	Direct	F3

Showing 1 to 3 of 3 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares are issuable as a result of satisfaction of performance goals for fiscal years 2019-2021 under a performance share award. Compensation Committee certification of the award payout level occurred on October 28, 2021.
F2	Shares were withheld by the issuer to cover withholding taxes upon vesting of restricted stock units.
F3	Shares were withheld by the issuer to cover withholding taxes on issuance of performance shares.