Christopher A. Graham - 04 Aug 2023 Form 4 Insider Report for STEEL DYNAMICS INC (STLD)

Signature
/s/ Christopher A. Graham
Issuer symbol
STLD
Transactions as of
04 Aug 2023
Net transactions value
-$493,449
Form type
4
Filing time
08 Aug 2023, 15:39:03 UTC
Previous filing
15 Mar 2023
Next filing
17 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STLD Common Stock Options Exercise $95,226 +3,269 +3% $29.13 112,622 04 Aug 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer $344,683 -3,269 -2.9% $105.44 109,353 04 Aug 2023 Direct F2
transaction STLD Common Stock Options Exercise $166,909 +3,897 +3.6% $42.83 113,250 04 Aug 2023 Direct F1
transaction STLD Common Stock Disposed to Issuer $410,900 -3,897 -3.4% $105.44 109,353 04 Aug 2023 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 Rights Options Exercise $0 -3,269 -100% $0.000000* 0 04 Aug 2023 Common Stock 3,269 $29.13 Direct F3
transaction STLD Stock Appreciation Rights Options Exercise $0 -3,897 -56% $0.000000 3,016 04 Aug 2023 Common Stock 3,897 $42.83 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 Deemded 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).