Dirk A. Kempthorne - 14 Mar 2023 Form 4 Insider Report for OLYMPIC STEEL INC (ZEUS)

Role
Director
Signature
/s/ Lisa K. Christen, as Attorney-in-Fact
Issuer symbol
ZEUS
Transactions as of
14 Mar 2023
Transactions value $
-$51,270
Form type
4
Filing time
15 Mar 2023, 16:12:37 UTC
Previous filing
24 Feb 2023
Next filing
24 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZEUS Common Stock Sale -$51.3K -1K -100% $51.27 0 14 Mar 2023 Direct F1

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 ZEUS Restricted Share Units Award $0 +1.63K +3.95% $0.00 42.8K 14 Mar 2023 Common Stock 1.63K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Price reflects the weighted average purchase price for multiple transactions that ranged from $51.26 to $51.29 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price.
F2 Each restricted share unit represents the right to recieve one share of Olympic Steel, Inc. common stock.
F3 The restricted share units generally vest on January 1, 2024, subject to earlier vesting in certain circumstances set forth in the award agreement, but will not be delivered to the reporting person until the reporting person ceases to be a member of the Board of Directors.
F4 This total number of restricted share units includes previously-granted restricted share units with different vesting terms.