SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 5
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ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of
1934
[ ] CHECK THIS BOX IF NO LONGER SUBJECT TO SECTION 16. FORM 4 OR
5 OBLIGATIONS MAY CONTINUE.
1. NAME AND ADDRESS OF REPORTING PERSON
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Bruhn, James B.
400 Three Springs Drive
Weirton, WV 26062
2. ISSUER NAME AND TICKER OR TRADING SYMBOL
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Weirton Steel Corporation
WS
3. IRS OR SOCIAL SECURITY NUMBER OF REPORTING PERSON
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###-##-####
4. STATEMENT FOR MONTH/YEAR
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12/97
5. IF AMENDMENT, DATE OF ORIGINAL (MONTH/YEAR)
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6. RELATIONSHIP OF REPORTING PERSON TO ISSUER
(CHECK ALL APPLICABLE)
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[ ] DIRECTOR [ ] 10% OWNER
[x] OFFICER (give title)[ ] OTHER (Specify below)
Executive Vice President-Commercial (until 10/97)
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TABLE I. NON-DERIVATIVE SEURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED
1. TITLE OF SECURITY
Weirton Steel Corporation Common Stock
2. TRANSACTION DATE
3. TRANSACTION CODE
4. SECURITIES ACQUIRED (A) OR DISPOSED OF (D)
AMOUNT (A) OR (D) PRICE
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5. AMOUNT OF SECURITIES BENEFICIALLY OWNED AT END OF MONTH
13,852
6. OWNERSHIP FORM: DIRECT(D) OR INDIRECT(I)
10,000 direct
3,852 indirect
7. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
by United National Bank as Trustee for the Weirton Steel
Corporation 1984 Employee Stock Ownership Plan
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TABLE II. DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED (e.g. puts, calls, warrants, options,
convertible securities)
1. TITLE OF DERIVATIVE SECURITY
Weirton Steel Convertible Preferred, Series A
2. CONVERSION OR EXERCISE PRICE OF DERIVATIVE SECURITY
3. TRANSACTION DATE (MONTH/DAY/YEAR)
4. TRANSACTION CODE
5. NUMBER OF DERIVATIVE SECURITIES ACQUIRED(A) OR DISPOSED OF(D)
(A) (D)
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6. DATE EXERCISABLE AND EXPIRATION DATE (MONTH/DAY/YEAR)
DATE EXERCISABLE EXPIRATION DATE
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7. TITLE AND AMOUNT OF UNDERLYING SECURITIES
TITLE AMOUNT
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8. PRICE OF DERIVATIVE SECURITY
9. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED AT END OF
YEAR
784
10. OWNERSHIP FORM OF DERIVATIVE SECURITY: DIRECT(D) OR
INDIRECT(I)
I
11. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
by United National Bank as Trustee for the Weirton Steel
Corporation 1989 Employee Stock Ownership Plan
Table II (continued)
TABLE II. DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED (e.g. puts, calls, warrants, options,
convertible securities)
1. TITLE OF DERIVATIVE SECURITY
Stock Units (each unit is the equivalent of a SAR, entitling
the holder to the value of a share of Common Stock at the date of
exercise, minus the fair market value of a share of Common Stock at
the date of grant).
2. CONVERSION OR EXERCISE PRICE OF DERIVATIVE SECURITY
3. TRANSACTION DATE (MONTH/DAY/YEAR)
June 23, 1997
4. TRANSACTION CODE
A
5. NUMBER OF DERIVATIVE SECURITIES ACQUIRED(A) OR DISPOSED OF(D)
(A) (D)
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350,000
6. DATE EXERCISABLE AND EXPIRATION DATE (MONTH/DAY/YEAR)
DATE EXERCISABLE EXPIRATION DATE
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Date of exercisability depends on June 23, 2002
vesting dates of Stock Units. Units
vest, if at all, in the separate
percentages indicated after the
Common Stock has traded for at least
30 consecutive days at or above the indicated
price: $3.00(0%);$4.25(10%);$6.50(20%);
$7.25(30%);$10.00(40%).
7. TITLE AND AMOUNT OF UNDERLYING SECURITIES
TITLE AMOUNT
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Common Stock 350,000 (the amount shown is the
Total number of shares of Common
Stock underlying the units; the
number of shares, if any, which
will be issued on exercise of
the units cannot be determined
until that time.
8. PRICE OF DERIVATIVE SECURITY
Price of the underlying security at the date of grant was
$3.00 per share of Common Stock; there is no purchase price for the
Unit.
9. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED AT END OF
YEAR
373,332
10. OWNERSHIP FORM OF DERIVATIVE SECURITY: DIRECT(D) OR
INDIRECT(I)
D
11. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
