STEEL DYNAMICS INC 4
4 · STEEL DYNAMICS INC · Filed Nov 21, 2016
Insider Transaction Report
Form 4
BATES JOHN C
Director
Transactions
- Award
Common Stock
2016-11-17+675→ 45,010 total
Footnotes (3)
- [F1]Represents the number of shares of common stock underlying deferred stock units (DSUs) issued to the reporting person in connection with a portion of this person's retainer as a director under the Steel Dynamics, Inc. 2015 Equity Incentive Plan. This transaction is exempt from the provisions of Section 16(b), by virtue of Rule 16b-3(d)(1) and (3).
- [F2]Reportable 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 shares of common stock. (See Lincoln National Corp. (March 20, 1992) (Q.3).
- [F3]Includes shares resulting from reinvestment of dividends on any underlying DSUs included in this total.