RUSSELL B. RINN - 15 Mar 2022 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
Russell B. Rinn
Issuer symbol
STLD
Transactions as of
15 Mar 2022
Net transactions value
-$1,623,491
Form type
4
Filing time
16 Mar 2022, 10:42:36 UTC
Previous filing
28 Feb 2022
Next filing
31 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Award $0 +42,120 +16% $0.000000 302,619 15 Mar 2022 Direct F1
transaction STLD Common Stock Tax liability $1,623,491 -22,427 -7.4% $72.39 280,192 15 Mar 2022 Direct F2
holding STLD Common Stock 2,000 15 Mar 2022 Reporting Person's IRA IMA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Acquisition from Issuer: Shares awarded under Long-Term Incentive Program adopted by Compensation Committee composed of three or more independent non-employee directors pursuant to the Company's Amended and Restated 2015 Equity Incentive Plan approved by Compensation Committee and Stockholders and exempt from Section 16(b) of Exchange Act pursuant to Rule 16b-3(d).
F2 Disposition to Issuer: Shares withheld by Issuer in payment of reporting person's withholding tax liability in connection with such person's receipt or vesting of an equity security, and either approved in advance by Compensation Committee or mandated by the express terms of the Plan and exempt from Section 16(b) of Exchange Act in accordance with Exchange Act Rule 16b-3(e).