BELARDI LOUIS J (CFO and Executive VP) exercised options at STEEL CONNECT LLC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 10/9/2018ACC: 0000921895-18-002725
Officer· CFO and Executive VP
Since Oct 2018
-97.17K
Net shares
Net seller
$208.9K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
329.95K acquired · 427.12K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+329.95K
Price / share
—
Trade value
—
% of position
New position
10/4/2018
0.00→329.95K
Common Stock
Direct
Shares
−97.17K
Price / share
$2.15
Trade value
$208.92K
% of position
29.5%
10/4/2018
329.95K→232.78K
Total
Net shares
+232.78K
Net value
-$208.92K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 10/4/2018 | M · Option Exercise | +329.95K | — | — | New position | 0.00 | 329.95K |
| Common Stock Direct | 10/4/2018 | F · Tax Withholding | −97.17K | $2.15 | $208.92K | 29.5% | 329.95K | 232.78K |
| Total | +232.78K | -$208.92K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
329.95K shares
Shares
−329.95K
Strike price
Held after
0.00
Exercisable
—
10/4/2018
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock329.95K shares | 10/4/2018 | M · Option Exercise | −329.95K | — | 0.00 |