JAMES D. HOFFMAN - 30 Dec 2022 Form 4 Insider Report for RELIANCE STEEL & ALUMINUM CO (RS)

Role
Director
Signature
/s/ James Donald Hoffman by William A. Smith II as his Attorney-in-Fact
Issuer symbol
RS
Transactions as of
30 Dec 2022
Net transactions value
-$2,114,526
Form type
4
Filing time
10 Jan 2023, 15:50:43 UTC
Previous filing
05 Dec 2022
Next filing
22 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RS Common Stock Gift $0 -95,333 -76% $0.000000 29,680 30 Dec 2022 Direct F1
transaction RS Common Stock Gift $0 +95,333 $0.000000 95,333 30 Dec 2022 Held by Hoff Holdings Limited Partnership F1
transaction RS Common Stock Sale $214,303 -1,022 -3.4% $209.69 28,658 06 Jan 2023 Direct F2, F3
transaction RS Common Stock Sale $318,097 -1,510 -5.3% $210.66 27,148 06 Jan 2023 Direct F2, F4
transaction RS Common Stock Sale $1,415,393 -6,683 -25% $211.79 20,465 06 Jan 2023 Direct F2, F5
transaction RS Common Stock Sale $166,734 -785 -3.8% $212.40 19,680 06 Jan 2023 Direct F2, F6
holding RS Common Stock 1,178 30 Dec 2022 Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan
holding RS Common Stock 3,689 30 Dec 2022 Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person transferred these shares for no consideration for estate planning purposes. Hoff Holdings Limited Partnership ("Hoff Holdings") is a limited partnership of which a revocable trust established by the Reporting Person and his spouse is both the sole member of the sole general partner and also a limited partner, and various trusts for the benefit of the Reporting Person's spouse and his adult children are the other limited partners. The Reporting Person disclaims beneficial ownership over the Issuer's common stock held by Hoff Holdings except to the extent of his pecuniary interest therein.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 28, 2021.
F3 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $208.95 to $209.94. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $210.17 to $211.05. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $211.30 to $212.28. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6 The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $212.32 to $212.70. The Reporting Person has provided to the Issuer, and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.