STEEL DYNAMICS INC 4
4 · STEEL DYNAMICS INC · Filed Jun 3, 2016
Insider Transaction Report
Form 4
BATES JOHN C
Director
Transactions
- Award
Common Stock
2016-06-01+4,869→ 43,038 total
Footnotes (1)
- [F1]Issued as deferred stock units (DSUs) in connection with reporting person's retainer, as a director, under the Steel Dynamics, Inc. 2015 Equity Incentive Plan and exempt from Section 16(b) by virtue of Rule 16b-3(d)(1) and (3). These DSUs are reportable, however, as directly owned shares of common stock, rather than as a derivative security in Table II, because any and all underlying DSUs are payable, at such time as they are to be settled, solely in common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3).