OLYMPIC STEEL INC 4
4 · OLYMPIC STEEL INC · Filed Mar 1, 2016
Insider Transaction Report
Form 4
McNeeley Donald R. Jr.
Director
Transactions
- Award
Restricted Share Units
2016-02-26+7,243→ 23,713 total→ Common Stock (7,243 underlying)
Footnotes (2)
- [F1]Each restricted share unit ("RSU") represents the contingent right to receive one share of Olympic Steel, Inc. common stock.
- [F2]The RSUs were acquired in connection with Olympic Steel's Supplemental Executive Retirement Plan, will vest once the Reporting Person has participated in the Plan for five years, and will be settled upon the earlier of age 62 or departure from Issuer (or earlier in limited circumstances specified in the award agreement).