4//SEC Filing
STEEL TECHNOLOGIES INC 4
Accession 0000892303-07-000103
CIK 0000771790operating
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:39 PM ET
Size
27.1 KB
Accession
0000892303-07-000103
Insider Transaction Report
Form 4
RAY BRADFORD T
DirectorChairman and CEO
Transactions
- Disposition to Issuer
Common Stock
2007-06-01$30.00/sh−37,775$1,133,250→ 0 total - Disposition to Issuer
Common Stock
2007-06-01$30.00/sh−14,000$420,000→ 0 total(indirect: By Foundation) - Disposition to Issuer
Common Stock
2007-06-01$30.00/sh−4,985$149,550→ 0 total(indirect: By Spouse) - Disposition to Issuer
Option
2007-06-01$18.63/sh−30,000$558,750→ 0 totalExercise: $11.38Exp: 2008-01-28→ Common (30,000 underlying) - Gift
Common Stock
2007-05-23$29.92/sh−12,000$359,040→ 337,775 total - Disposition to Issuer
Common Stock
2007-06-01$30.00/sh−49,883$1,496,490→ 0 total(indirect: By Children) - Gift
Common Stock
2007-05-23$29.92/sh+14,000$418,880→ 14,000 total(indirect: By Foundation) - Gift
Common Stock
2007-05-25$29.92/sh−1,000$29,920→ 49,883 total(indirect: By Children) - Gift
Common Stock
2007-05-22$29.92/sh−5,000$149,600→ 349,775 total - Disposition to Issuer
Option
2007-06-01$24.66/sh−40,000$986,240→ 0 totalExercise: $5.34Exp: 2010-11-10→ Common (40,000 underlying) - Other
Common Stock
2007-05-24$29.92/sh−300,000$8,976,000→ 37,775 total - Gift
Common Stock
2007-05-22$29.92/sh−2,000$59,840→ 354,775 total
Footnotes (5)
- [F1]These shares were transferred to a trust maintained by Mr. Ray's family.
- [F2]These shares have been disposed of at $30.00 per share under the terms of a merger agreement among Mitsui & Co. (U.S.A.), Inc., Bluegrass Acquisition, Inc. and the issuer and as of the effective time of the merger. These shares include 13,000 restricted shares which were issued April 28, 2006, under the issuer's 2006 Restricted Stock Plan. Restrictions lapsed on 4,334 of these shares on April 28, 2007, leaving 8,666 restricted as of the effective time of the merger.
- [F3]The reporting person was granted options to purchase 30,000 shares of common stock on January 28, 1998, which became exercisable in five equal installments beginning January 28, 1999 and are fully vested. All unexercised options were cancelled under the terms of the merger agreement in exchange for $18.625 per share, which represents the difference between $30.00 and the exercise price of the option.
- [F4]The reporting person was granted options to purchase 40,000 shares of common stock on November 10, 2000, which became exercisable in five equal installments beginning November 10, 2001, and are fully vested. All unexercised options were cancelled under the terms of the merger agreement in exchange for $24.656, which represents the difference between $30.00 and the exercise price of the option.
- [F5]The reporting person was granted options to purchase 30,000 shares of common stock on July 25, 2003, which became exercisable in four equal installments beginning July 25, 2004. All unexercised options, vested and unvested, were cancelled under the terms of the merger agreement in exchange for $18.461, which represents the difference between $30.00 and the exercise price of the option.
Documents
Issuer
STEEL TECHNOLOGIES INC
CIK 0000771790
Entity typeoperating
IncorporatedKY
Related Parties
1- filerCIK 0000771790
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 4:39 PM ET
- Size
- 27.1 KB