SCHNITZER SANDRA L 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed Nov 10, 2010
Insider Transaction Report
Form 4
SCHNITZER SANDRA L
10% Owner
Transactions
- Conversion
Class B Common Stock
2010-11-10−4,500→ 27,000 total(indirect: By Trust)→ Class A Common Stock (4,500 underlying) - Conversion
Class A Common Stock
2010-11-10+4,500→ 4,500 total(indirect: By Trust) - Sale
Class A Common Stock
2010-11-10$52.50/sh−4,500$236,250→ 0 total(indirect: By Trust)
Holdings
- 146,977(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (146,977 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]Shares are held by trust under Trust Agreement dated January 30, 1970 of which Sandra Schnitzer is the primary beneficiary.
- [F3]Voting trust certificates or shares, as the case may be, are held by Sandra L. Schnitzer, Trustee, Sandra L. Schnitzer Revocable Trust dated 12/16/01 (the "Sandra Trust").