Christopher A. Graham - 12 May 2021 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
Christopher A. Graham
Issuer symbol
STLD
Transactions as of
12 May 2021
Net transactions value
-$1,392,370
Form type
4
Filing time
14 May 2021, 10:49:31 UTC
Next filing
23 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $562,950 +15,000 +22% $37.53 84,371 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $965,100 -15,000 -18% $64.34 69,371 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $701,850 +15,000 +22% $46.79 84,371 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $965,100 -15,000 -18% $64.34 69,371 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $402,479 +11,255 +16% $35.76 80,626 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $724,147 -11,255 -14% $64.34 69,371 12 May 2021 Direct F2
transaction STLD Common Stock Options Exercise $335,315 +11,511 +17% $29.13 80,882 12 May 2021 Direct F1
transaction STLD Common Stock Disposed to Issuer $740,618 -11,511 -14% $64.34 69,371 12 May 2021 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 Right Options Exercise $0 -15,000 -100% $0.000000* 0 12 May 2021 Common Stock 15,000 $37.53 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -15,000 -100% $0.000000* 0 12 May 2021 Common Stock 15,000 $46.79 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -11,255 -75% $0.000000 3,745 12 May 2021 Common Stock 11,255 $35.76 Direct F3
transaction STLD Stock Appreciation Right Options Exercise $0 -11,511 -39% $0.000000 18,083 12 May 2021 Common Stock 11,511 $29.13 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-3e.
F3 Exempt exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d).