WILDER SANDRA 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed May 12, 2009
Insider Transaction Report
Form 4
SCHNITZER GARY
Executive Vice President10% Owner
Transactions
- Sale
Class A Common Stock
2009-05-08$54.03/sh−5,000$270,161→ 3,900 total - Exercise/Conversion
Class A Common Stock
2009-05-08$28.41/sh+5,000$142,050→ 8,900 total - Exercise/Conversion
Class B Common Stock
2009-05-08−5,000→ 0 totalExercise: $28.41Exp: 2009-12-31→ Common Stock (0 underlying)
Holdings
- 25,333(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (25,333 underlying)
Footnotes (3)
- [F1]Class B Common Stock is immediately convertible on a one-for-one basis into Class A Common Stock and has no expiration date.
- [F2]Voting trust certificates or shares, as the case may be, are held by Gary A. Schnitzer and Deborah Novack, Trustees, Gary A. Schnitzer Family Trust dated May 15, 1991.
- [F3]The option was granted for 25,000 shares on 10/18/04 and became exercisable for 20% of the shares on each of 6/1/05, 6/1/06, 6/1/07, 6/1/08 and 12/31/08.