ZETZSCHE KURT 4
4 · SCHNITZER STEEL INDUSTRIES INC · Filed Apr 7, 2004
Insider Transaction Report
Form 4
ZETZSCHE KURT
VP, Cascade Steel Rolling Mill
Transactions
- Sale
Class A Common Stock
2004-04-06$35.51/sh−22,260$790,408→ 300 total - Exercise/Conversion
Class A Common Stock
2004-04-06$4.50/sh+22,260$100,170→ 22,560 total - Exercise/Conversion
Option to Buy
2004-04-06−22,260→ 0 totalExercise: $4.50Exp: 2011-06-01→ Class A Common Stock (22,260 underlying)
Footnotes (2)
- [F1]The option was granted for 65,466 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 3-for-2 stock split effected on March 25, 2004 and a 2-for-1 stock split effected on August 14, 2003.