Sec Form 4 Filing - Tenenbaum Sheldon U. @ RELIANCE STEEL & ALUMINUM CO - 2014-05-23

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
Tenenbaum Sheldon U.
2. Issuer Name and Ticker or Trading Symbol
RELIANCE STEEL & ALUMINUM CO [ RS]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Sr. VP, Supplier Development
(Last) (First) (Middle)
350 SOUTH GRAND AVENUE, SUITE 5100
3. Date of Earliest Transaction (MM/DD/YY)
05/23/2014
(Street)
LOS ANGELES, CA90071
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/23/2014 M 2,500 A $ 33.7 17,459 ( 1 ) D
Common Stock 05/23/2014 M 2,500 A $ 42.81 19,959 ( 1 ) D
Common Stock 05/23/2014 S 5,000 D $ 72 14,959 ( 1 ) D
Common Stock 472 ( 2 ) I Held by Trustee of Reliance Steel & Aluminum Co. Employee Stock Ownership Plan
Common Stock 4,027 I Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options to Acquire Common Stock $ 33.7 05/23/2014 M 2,500 ( 3 ) 04/27/2016 Common Stock 2,500 $ 0 0 ( 4 ) D
Options to Acquire Common Stock $ 42.81 05/23/2014 M 2,500 ( 5 ) 02/23/2017 Common Stock 2,500 $ 0 22,500 ( 4 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Tenenbaum Sheldon U.
350 SOUTH GRAND AVENUE
SUITE 5100
LOS ANGELES, CA90071
Sr. VP, Supplier Development
Signatures
/s/ Sheldon U. Tenenbaum by William A. Smith II as his Attorney-in-Fact 05/28/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 5,000 restricted shares subject to vesting over time.
( 2 )The Issuer has received the allocation for the 2013 plan year under the Reliance Steel & Aluminum Co. Employee Stock Ownership Plan ("ESOP"). The Reporting Person acquired 75 ESOP shares for the 2013 plan year.
( 3 )The options vested and became exercisable in four equal annual installments beginning on April 27, 2010, which was the first anniversary of the date on which the options were granted.
( 4 )In the aggregate, the Reporting Person beneficially owns 47,500 options to acquire common stock (with various exercise prices and expiration dates) as of the date of this report. In addition, the Reporting Person beneficially owns 10,000 restricted stock units subject to performance and service criteria.
( 5 )The options vested and became exercisable in four equal annual installments beginning on February 23, 2011, which was the first anniversary of the date on which the options were granted.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.