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Ownership Document
|
| Schema Version: X0306 |
| Document Type: 4 |
| Period of Report: 5/15/20 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 917470 |
| Issuer Name: OLYMPIC STEEL INC |
| Issuer Trading Symbol: ZEUS |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1747237 |
| | Owner Name: Stovsky Richard P |
| Reporting Owner Address: |
| | Owner Street 1: C/O OLYMPIC STEEL, INC. |
| | Owner Street 2: 22901 MILLCREEK BLVD., SUITE 650` |
| | Owner City: HIGHLAND HILLS |
| | Owner State: OH |
| | Owner ZIP Code: 44122 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? No |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/15/20 |
| | Deemed Execution Date: |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Timeliness: |
| | | Value: |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 5,000 |
| | | Transaction Price Per Share: |
| Value: 8.4995 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,000 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnote ID: F2 |
| Footnotes: |
| Footnote - F1: Price reflects the weighted average purchase price for multiple transactions that ranged from $8.4600 to $8.5080 per share. The Reporting Person undertakes to provide, upon request by the Commission Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares purchased at each separate price. |
| Footnote - F2: These shares are held in a trust for the benefit of the Reporting Person. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Lisa K. Christen, as Attorney-in-Fact |
| Signature Date: 5/18/20 |
