James E. Bruno - 14 Aug 2023 Form 4 Insider Report for UNITED STATES STEEL CORP (X)

Signature
/s/ Megan Bombick by power of attorney from James Bruno
Issuer symbol
X
Transactions as of
14 Aug 2023
Net transactions value
-$1,677,053
Form type
4
Filing time
15 Aug 2023, 19:32:23 UTC
Previous filing
01 Mar 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction X United States Steel Corporation Common Stock Sale $1,617,344 -50,542 -47% $32.00 56,548 14 Aug 2023 Direct
transaction X United States Steel Corporation Common Stock Options Exercise $204,931 +8,270 +15% $24.78 64,818 14 Aug 2023 Direct
transaction X United States Steel Corporation Common Stock Sale $264,640 -8,270 -13% $32.00 56,548 14 Aug 2023 Direct
holding X United States Steel Corporation Common Stock 5,784 14 Aug 2023 By 401(k) plan

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 X Common Stock Option Options Exercise $0 -8,270 -100% $0.000000* 0 14 Aug 2023 Common Stock 8,270 $24.78 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Option grant vests ratably over three years, one-third on each of the first, second and third grant date anniversaries.