WELCH P CRAIG JR 4
4 · STEELCASE INC · Filed May 2, 2019
Insider Transaction Report
Form 4
STEELCASE INCNYSE: SCS
WELCH P CRAIG JR
Director
Transactions
- Sale
Class A Common Stock
2019-05-01$17.09/sh−200,000$3,417,180→ 101,422 total(indirect: By Trust) - Conversion
Class B Common Stock
2019-04-30−300,000→ 4,862,643 total(indirect: By Trust)→ Class A Common Stock (300,000 underlying) - Conversion
Class A Common Stock
2019-04-30+300,000→ 301,422 total(indirect: By Trust)
Holdings
- 88,730
Class A Common Stock
- 138,635(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (138,635 underlying) - 191,270(indirect: By Spouse)
Class B Common Stock
→ Class A Common Stock (191,270 underlying) - 100,287(indirect: By Trust)
Class B Common Stock
→ Class A Common Stock (100,287 underlying)
Footnotes (7)
- [F1]Not applicable.
- [F2]Represents shares held by trusts for the benefit of Mr. Welch of which Mr. Welch serves as co-trustee.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.23, inclusive. The reporting person undertakes to provide to Steelcase Inc., any security holder of Steelcase Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]Shares of Class B Common Stock are convertible into shares of Class A Common Stock on a 1-for-1 basis.
- [F5]Immediately convertible.
- [F6]Represents shares held by trusts for the benefit of Mr. Welch's family members of which Mr. Welch's wife serves as co-trustee.
- [F7]Represents shares held by trusts for the benefit of Mr. Welch's grandchildren of which Mr. Welch's wife serves as trustee.