Richard P. Teets Jr - 01 Jun 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Role: Director
Signature: /s/ Richard P. Teets, Jr.
Issuer symbol: STLD
Transactions as of: 01 Jun 2023
Transactions value $: $0
Form type: 4
Date filed: 02 Jun 2023, 15:14
Previous filing: 12 May 2023
Next filing: 14 Jul 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	STLD	Common Stock	Award	$0	+1.8K	+0.04%	$0.00	5.05M	01 Jun 2023	Direct	F1
holding	STLD	Common Stock						93.1K	01 Jun 2023	By spouse

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's 2023 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, 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 common stock. See Lincoln National Corp. (March 20, 1992) (Q.3).

Content

Issued as deferred stock units (DSUs) in connection with reporting person's retainer as a director under the Company's 2023 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, 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 common stock. See Lincoln National Corp. (March 20, 1992) (Q.3).