RELIANCE STEEL & ALUMINUM CO 4
4 · RELIANCE STEEL & ALUMINUM CO · Filed Feb 29, 2016
Insider Transaction Report
Form 4
Tenenbaum Sheldon U.
Sr. VP, Supplier Development
Transactions
- Exercise/Conversion
Common Stock
2016-02-26$42.81/sh+5,000$214,050→ 22,431 total - Sale
Common Stock
2016-02-26$60.79/sh−5,000$303,950→ 17,431 total - Exercise/Conversion
Options to Acquire Common Stock
2016-02-26−5,000→ 7,500 totalExercise: $42.81Exp: 2017-02-23→ Common Stock (5,000 underlying)
Holdings
- 571(indirect: By Trust)
Common Stock
- 4,274(indirect: By Trust)
Common Stock
Footnotes (4)
- [F1]Includes 1,000 restricted shares subject to vesting over time.
- [F2]The price reported represents the weighted average sale price of the shares disposed of. The actual sale prices ranged from $60.70 to $60.98. The Reporting Person has provided to the Issuer and hereby undertakes to provide upon request by the U.S. Securities and Exchange Commission Staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]The options vested and became exercisable in four equal annual installments beginning on February 23, 2011, which was the first anniversary of the date on which the options were granted.
- [F4]In the aggregate, the Reporting Person beneficially owns 32,500 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report.