MANSON RICHARD A 4
4 · OLYMPIC STEEL INC · Filed Jul 9, 2019
Insider Transaction Report
Form 4
MANSON RICHARD A
Chief Financial Officer
Transactions
- Award
Restricted Share Units
2019-07-05+1,316→ 36,330 total→ Common Stock (1,316 underlying)
Footnotes (3)
- [F1]Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
- [F2]These RSUs were acquired under Olympic Steel's Amended and Restated 2007 Omnibus Incentive Plan. These RSUs vest on July 5, 2024 if the Reporting Person continues to be an employee of Olympic Steel (or its subsidiaries or affiliates) in the same or a higher position on such date. Any vested RSUs will be settled within 30 days following the first to occur of the Reporting Person's death, disability or retirement after the Reporting Person has attained the age of 62. Vesting and settlement may also occur earlier in limited circumstances as specified in the award agreement.
- [F3]This total number of RSUs includes previously-granted RSUs with different vesting and payment terms.