NUCOR CORP
424B3, 1998-07-06
STEEL WORKS, BLAST FURNACES & ROLLING MILLS (COKE OVENS)
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                                                       Form S-8
                                                       File Nos. 33-27120,
                                                       33-56649, 2-84117,
                                                       2-50058, 2-55941,
                                                       2-69914, and 2-51735
                                                       Rule 424(b)


PROSPECTUS


                                NUCOR CORPORATION


                                2,639,612 shares


                                  Common Stock
                            Par Value $.40 Per Share

                            ------------------------


     The shares offered hereby are being offered by senior officers or directors
of Nucor  Corporation  who may be  deemed  affiliates  of  Nucor.  See  "Selling
Stockholders"  herein.  Such shares will be sold on any stock  exchange on which
Nucor's Common Stock is then listed, at prices then prevailing on such exchange,
or in other  transactions  at  negotiated  prices.  Nucor will  receive no sales
proceeds.  Net proceeds to Selling Stockholders will be the proceeds received by
them upon such sales less brokerage commissions, if any.

     Nucor's Common Stock is listed on the New York Stock Exchange.  The closing
price on that exchange on April 30, 1998 was $59.94 per share.

                            ------------------------

     THESE  SECURITIES  HAVE NOT BEEN APPROVED OR  DISAPPROVED BY THE SECURITIES
AND  EXCHANGE  COMMISSION  NOR HAS THE  COMMISSION  PASSED UPON THE  ACCURACY OR
ADEQUACY OF THIS PROSPECTUS.  ANY  REPRESENTATION  TO THE CONTRARY IS A CRIMINAL
OFFENSE.
                            ------------------------

     No  person  has  been  authorized  to give any  information  or to make any
representations,  other than as contained  herein,  in connection with the offer
contained  in this  Prospectus,  and,  if  given or made,  such  information  or
representations must not be relied upon.

                            ------------------------

                  The date of this Prospectus is April 30, 1998


<PAGE>




April 30, 1998 Prospectus           Senior Officers and Directors         Page 2

                              AVAILABLE INFORMATION

     Nucor Corporation ("Nucor") is subject to the informational requirements of
the Securities  Exchange Act of 1934 and in accordance  therewith files reports,
proxy  statements  and  other  information  with  the  Securities  and  Exchange
Commission.  Such reports, proxy statements and other information (including the
annual report on Form 10-K for last year and the proxy statement for this year's
annual  meeting  of  stockholders)  can be  inspected  and  copied at the public
reference  facilities  maintained by the Securities  and Exchange  Commission at
Room 1024, 450 Fifth Street, N.W.,  Washington,  D.C. 20549, at the Commission's
regional offices at 75 Park Place, Los Angeles,  California 90036-3648,  and 500
West Madison Street, Suite 1400, Chicago,  Illinois  60661-2511,  and at the New
York Stock  Exchange,  on which the Common  Stock of Nucor is listed.  Copies of
such  material  can  be  obtained  from  the  Public  Reference  Section  of the
Securities and Exchange Commission at the above address at prescribed rates.

                       DOCUMENTS INCORPORATED BY REFERENCE

     The following  documents filed with the Securities and Exchange  Commission
are incorporated in this Prospectus by reference:

     (a) Nucor's  latest  annual  report filed under  Section 13 or 15(d) of the
Securities Exchange Act of 1934 (the "Act");

     (b) All other  reports filed under Section 13 of 15(d) of the Act since the
end of the fiscal year covered by the annual report referred to in (a) above;

     (c) Nucor's definitive proxy statement filed under Section 14 of the Act in
connection  with the latest annual meeting of  stockholders,  and any definitive
proxy statements so filed in connection with any subsequent  special meetings of
stockholders;

     (d) The description of Nucor's Common Stock  contained in the  registration
statement  filed under Section 12 of the Act,  including any amendment or report
filed to update such description.

     All reports and other  documents  subsequently  filed by Nucor  pursuant to
Sections  13,  14,  and  15(d) of the  Act,  prior  to  filing a  post-effective
Amendment which indicates that all Common Stock offered hereby has been sold (or
which  deregisters  all Common  Stock  remaining  unsold)  shall be deemed to be
incorporated  by reference  herein and to be made a part of this Prospectus from
the date of their filing.

     Each person to whom this  Prospectus  is sent or given will,  on written or
oral  request  and  without  charge,   be  furnished  a  copy  of  any  document
incorporated  herein by reference.  Requests should be made to Nucor's corporate
secretary at Nucor's address or telephone number appearing herein.

                               IDENTITY OF ISSUER

     Nucor  was  incorporated  under  Delaware  law in 1958.  Nucor's  executive
offices are located at 2100 Rexford Road, Charlotte,  North Carolina, 28211, and
its telephone number is 704/366-7000.


<PAGE>



April 30, 1998 Prospectus           Senior Officers and Directors         Page 3

                              SELLING STOCKHOLDERS

     The table below sets forth as of March 31, 1998, certain  information about
the Selling Stockholders, all of whom are senior officers or directors of Nucor,
with an address c/o Nucor  Corporation,  2100  Rexford  Road,  Charlotte,  North
Carolina,   28211.  The  figures   appearing  in  the  column  entitled  "Shares
Beneficially  Owned"  include  shares which may be acquired upon the exercise of
options  granted by Nucor pursuant to its Key Employees  Incentive  Stock Option
Plans.  The number of shares  which may be  acquired  upon the  exercise of such
options is also shown separately,  with respect to each selling stockholder,  in
the column  entitled  "Unexercised  Options Held." The figures  appearing in the
column entitled  "Shares Offered Hereby" were or are to be acquired (1) upon the
exercise of options  granted by Nucor  pursuant to its Key  Employees  Incentive
Stock Option Plans,  (2) pursuant to Nucor's  Senior  Officers  Incentive  Stock
Compensation  Plan, (3) pursuant to Nucor's  Employee  Monthly Stock  Investment
Plan, and (4) pursuant to Nucor's Employee Stock Ownership Plan.

     The  Selling  Stockholders  may from time to time  offer all or part of the
foregoing  shares in the manner set forth on the cover page of this  Prospectus.
In  addition,  they may from time to time offer,  pursuant  to this  Prospectus,
additional shares to be acquired pursuant to the above Plans. Nucor will pay the
expenses of this Prospectus but will receive no sales proceeds.
<TABLE>
<CAPTION>
<S>     <C>    

                                                       Shares      Unexercised      Shares
                                                    Beneficially     Options       Offered
                                                       Owned          Held          Hereby
                                                    ------------   -----------     -------
Names and Positions
- -------------------
H. David Aycock, Director                            649,403             ---       517,103

A. Jay Bowcutt, Vice President                        34,651           8,842        34,651

James E. Campbell, Vice President                     52,710           8,842        51,710

John D. Correnti, Director, Vice Chairman and
    Chief Executive Officer                           65,667          14,109        65,667

James W. Cunningham, Director                        456,064             ---       402,268

James R. Darsey, Vice President                       19,753           6,654        19,753

Jerry V. DeMars, Vice President                       32,711           8,842        32,711

Daniel R. DiMicco, Vice President                     33,974           7,905        33,974

John J. Ferriola, Vice President                      12,609           6,870        12,609

Ladd R. Hall, Vice President                          22,379           8,608        22,379

James D. Hlavacek, Director                            1,700             ---           ---

Donald N. Holloway, Vice President                   176,225           8,842       176,225

Kenneth H. Huff, Vice President                       25,699           7,721        25,199

F. Kenneth Iverson, Director, Chairman               770,071          17,684       576,343

Terry S. Lisenby, Vice President                      28,771           8,842        28,771

Hamilton Lott, Jr., Vice President                    43,665           8,842        43,665

Harry R. Lowe, Vice President                         32,599           8,842        29,571

Rodney B. Mott, Vice President                        33,193           8,842        33,193

D. Michael Parrish, Vice President                    39,537           8,842        39,537

LeRoy C. Prichard, Vice President                     18,349           7,695        18,349

James W. Ronner, Vice President                       28,405           7,905        28,405

Larry A. Roos, Vice President                        105,262           6,853       102,550

Joseph A. Rutkowski, Vice President                   34,562           8,842        34,562

Samuel Siegel, Director, Vice Chairman,
   Chief Financial Officer, Treasurer and Secretary  370,855          13,264       310,417

</TABLE>



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