Alvarez Miguel 4
4 · STEEL DYNAMICS INC · Filed May 1, 2024
Insider Transaction Report
Form 4
Alvarez Miguel
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2024-04-30$135.07/sh−3,269$441,544→ 123,599 total - Disposition to Issuer
Common Stock
2024-04-30$135.07/sh−6,913$933,739→ 123,599 total - Exercise/Conversion
Stock Appreciation Rights
2024-04-30−6,913→ 0 totalExercise: $42.83From: 2022-02-24Exp: 2031-02-24→ Common Stock (6,913 underlying) - Exercise/Conversion
Common Stock
2024-04-30$42.83/sh+6,913$296,084→ 130,512 total - Exercise/Conversion
Stock Appreciation Rights
2024-04-30−3,269→ 0 totalExercise: $29.13From: 2021-02-20Exp: 2030-02-20→ Common Stock (3,269 underlying) - Exercise/Conversion
Common Stock
2024-04-30$29.13/sh+3,269$95,226→ 126,868 total
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).