ROSEN BARRY 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed Nov 10, 2003
Insider Transaction Report
Form 4
ROSEN BARRY
VP - Finance and Treasurer
Transactions
- Exercise/Conversion
Class A Common Stock
2003-11-06$6.75/sh+2,018$13,622→ 2,248 total - Exercise/Conversion
Option to Buy
2003-11-06−7,482→ 30,076 totalExercise: $8.88Exp: 2012-09-24→ Class A Common Stock (7,482 underlying) - Sale
Class A Common Stock
2003-11-06$39.40/sh−9,500$374,300→ 230 total - Exercise/Conversion
Class A Common Stock
2003-11-06$8.88/sh+7,482$66,403→ 9,730 total - Exercise/Conversion
Option to Buy
2003-11-06−2,018→ 13,490 totalExercise: $6.75Exp: 2011-06-01→ Class A Common Stock (2,018 underlying)
Footnotes (3)
- [F1]All amounts on this Form 4 give effect to a 2-for-1 stock split effected on August 14, 2003.
- [F2]The option was granted for 40,480 shares on 6/1/01 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the grant date.
- [F3]The option was granted for 37,558 shares on 9/24/02 and becomes exercisable for 20% of the shares on each of the first five anniversaries of the grant date.