ZETZSCHE KURT 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed Oct 9, 2003
Insider Transaction Report
Form 4
ZETZSCHE KURT
VP, Cascade Steel Rolling Mill
Transactions
- Exercise/Conversion
Option to Buy
2003-10-08−8,168→ 32,676 totalExercise: $8.88Exp: 2012-09-24→ Class A Common Stock (8,168 underlying) - Exercise/Conversion
Class A Common Stock
2003-10-08$8.88/sh+8,168$72,491→ 8,368 total - Sale
Class A Common Stock
2003-10-08$37.68/sh−8,168$307,778→ 200 total
Footnotes (2)
- [F1]The option was granted for 40,844 shares on 9/24/02 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the grant date.
- [F2]All amounts set forth on this Form 4 give effect to a 2-for-1 stock split effected on August 14, 2003.