4//SEC Filing
FREELAND RICHARD J 4
Accession 0001195954-11-000001
CIK 0001022671other
Filed
Jun 2, 8:00 PM ET
Accepted
Jun 3, 2:42 PM ET
Size
6.5 KB
Accession
0001195954-11-000001
Insider Transaction Report
Form 4
FREELAND RICHARD J
Director
Transactions
- Award
Deferred Stock Units
2011-06-01+5,264→ 5,264 totalExercise: $0.00From: 2012-06-01Exp: 2012-06-01→ Common Stock (5,264 underlying)
Footnotes (4)
- [F1]Pursuant to registrant's 2006 Equity Incentive Plan, as amended, in respect to the reporting person's continuing service as a non-employee director and as a portion of his annual retainer, the reporting person on June 1 was granted an exempt award of Deferred Stock Units ("DSUs"). The number of DSUs granted was determined by dividing $90,000 by the closing price of registrant's common stock on the day preceding the grant date.
- [F2]The reporting person, by prior election, chose to receive his common stock, when converted from DSUs, at the expiration of one year following the grant date.
- [F3]Each whole DSU represents registrant's unsecured and unfunded obligation, upon the expiration of the reporting person's deferral period election, to convert and issue to the reporting person one share of registrant's common stock for each DSU. The DSUs are 100% vested on the grant date.
- [F4]The balance shown in Column 9 includes any additional DSUs allocated to the reporting person by virtue of dividends issued on registrant's common stock underlying each related DSU prior to conversion.
Documents
Issuer
STEEL DYNAMICS INC
CIK 0001022671
Entity typeother
Related Parties
1- filerCIK 0001195954
Filing Metadata
- Form type
- 4
- Filed
- Jun 2, 8:00 PM ET
- Accepted
- Jun 3, 2:42 PM ET
- Size
- 6.5 KB