Richard P. Teets Jr - 11 May 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role
Director
Signature
Richard P. Teets, Jr.
Issuer symbol
STLD
Transactions as of
11 May 2023
Transactions value $
$0
Form type
4
Filing time
12 May 2023, 14:00:21 UTC
Previous filing
18 Apr 2023
Next filing
02 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Award $0 +324 +0.01% $0.00 5.05M 11 May 2023 Direct F1, F2, F3
holding STLD Common Stock 93.1K 11 May 2023 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of common stock underlying deferred stock units (DSUs) issued to the reporting person in connection with this person's retainer as a director under the Company's 2023 Equity Incentive Plan (the "Plan"). This transaction is exempt from the provisions of Section 16(b), by virtue of Rule 16b-3(d)(1) and (3).
F2 Reportable as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in shares of common stock. (See Lincoln National Corp. (March 20, 1992) Q.3).
F3 Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.