Andrew S. Greiff - 01 Jan 2025 Form 4 Insider Report for OLYMPIC STEEL INC (ZEUS)

Signature
/s/ Lisa K. Christen, as Attorney-In-Fact
Issuer symbol
ZEUS
Transactions as of
01 Jan 2025
Net transactions value
-$94,149
Form type
4
Filing time
03 Jan 2025, 16:49:00 UTC
Previous filing
03 Jan 2024
Next filing
20 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEUS Common Stock Options Exercise $0 +6,000 +52% $0.000000 17,521 03 Jan 2025 Direct
transaction ZEUS Common Stock Tax liability $94,149 -2,944 -17% $31.98 14,577 03 Jan 2025 Direct

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 ZEUS Restricted Share Units Award $0 +6,000 +7.5% $0.000000 86,451 01 Jan 2025 Common Stock 6,000 Direct F1, F2, F3
transaction ZEUS Restricted Share Units Options Exercise $0 -6,000 -6.9% $0.000000 80,451 03 Jan 2025 Common Stock 6,000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
F2 These RSUs were granted under Olympic Steel's Amended and Restated 2007 Omnibus Incentive Plan, as amended (the "Plan"). These RSUs vest on December 31, 2027 if the Reporting Person continues to be an employee of Olympic Steel (or its subsidiaries or affiliates) in the same or higher position on such date. Any vested RSUs generally will be settled within 90 days following the applicable vesting date. Vesting and settlement may also occur earlier in limited circumstances as specified in the applicable award documents.
F3 The total number of RSUs includes previously granted RSUs with different vesting and payment terms.
F4 These RSUs were granted under the Plan and converted into shares of common stock on a one-for-one basis on January 3, 2025.