SCHNITZER GARY 4

4 · SCHNITZER STEEL INDUSTRIES INC · Filed Jul 1, 2009

Form 4

Period: 2009-06-29

Executive VP Business Dev.

Transactions

Disposition to Issuer
Option to Buy
[F3]
2009-06-29−10,276→ 0 total
Exercise: $34.46Exp: 2009-12-31→ Common Stock (10,276 underlying)
Award
Option to Buy
[F3]
2009-06-29+10,276→ 10,276 total
Exercise: $34.46Exp: 2015-11-29→ Common Stock (10,276 underlying)
Disposition to Issuer
Option to Buy
[F4]
2009-06-29−10,580→ 0 total
Exercise: $34.73Exp: 2009-12-31→ Class A Common Stock (10,580 underlying)
Award
Option to Buy
[F4]
2009-06-29+10,580→ 10,580 total
Exercise: $34.73Exp: 2016-07-25→ Class A Common Stock (10,580 underlying)

Holdings

Class A Common Stock
3,900
Class B Common Stock
[F1][F2]
(indirect: By Trust)
→ Class A Common Stock (25,333 underlying)
25,333

Footnotes (4)

[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 original option was granted for 10,276 shares on November 29, 2005 and became fully exercisable on December 31, 2008. The option was amended to extend the expiration date, resulting in the deemed cancellation of the original option and the grant of a replacement option.
[F4]The original option was granted for 10,580 shares on July 25, 2006 and became fully exercisable on December 31, 2008. The option was amended to extend the expiration date, resulting in the deemed cancellation of the original option and the grant of a replacement option.

Signature

Richard C. Josephson, Attorney-In-Fact|2009-06-30

Documents

1 file