MILLETT MARK D 4
4 · STEEL DYNAMICS INC · Filed Mar 21, 2024
Insider Transaction Report
Form 4
MILLETT MARK D
DirectorChairman & CEO
Transactions
- Exercise/Conversion
Common Stock
2024-03-21$42.83/sh+34,589$1,481,447→ 3,010,559 total - Disposition to Issuer
Common Stock
2024-03-21$142.72/sh−16,426$2,344,319→ 2,975,970 total - Exercise/Conversion
Stock Appreciation Rights
2024-03-21−16,426→ 0 totalExercise: $29.13From: 2021-02-20Exp: 2030-02-20→ Common Stock (16,426 underlying) - Disposition to Issuer
Common Stock
2024-03-21$142.72/sh−34,589$4,936,542→ 2,975,970 total - Exercise/Conversion
Common Stock
2024-03-21$29.13/sh+16,426$478,489→ 2,992,396 total - Exercise/Conversion
Stock Appreciation Rights
2024-03-21−34,589→ 0 totalExercise: $42.83From: 2022-02-24Exp: 2031-02-24→ Common Stock (34,589 underlying)
Footnotes (3)
- [F1]Deemed Acquisition of underlying shares from issuer by Reporting Person, upon exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d), approved in advance by a Committee comprised solely of two or more Non-Employee directors; also exempt pursuant to Rule 16b-6(b).
- [F2]Deemed disposition of underlying shares by Reporting Person to issuer upon cash-settled exercise of stock appreciation rights, approved in advance by a Committee comprised solely of two or more Non-Employee directors, exempt from Section 16(b) pursuant to Rule 16b-3(d) and Rule 16b-3(e).
- [F3]Exempt exercise of stock appreciation rights granted in a transaction exempt from Section 16(b) pursuant to Rule 16b-3(d).