ROBINOVITZ JAY 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed Jan 15, 2004
Insider Transaction Report
Form 4
ROBINOVITZ JAY
VP of Business Development
Transactions
- Exercise/Conversion
Class A Common Stock
2004-01-14$6.75/sh+1,000$6,750→ 1,000 total - Sale
Class A Common Stock
2004-01-14$54.30/sh−1,000$54,300→ 0 total - Exercise/Conversion
Option to Buy
2004-01-14−1,000→ 3,000 totalExercise: $6.75Exp: 2011-06-01→ Class A Common Stock (1,000 underlying)
Footnotes (2)
- [F1]The option was granted for 12,000 shares on 6/1/01 and became exercisable for 33% of the shares after 12 months from the grant date; 66% of the shares after 24 months from the grant date; and 100% of the shares after 30 months from the grant date.
- [F2]All amounts set forth on this Form 4 give effect to a 2-for-1 stock split effected on August 14, 2003.