SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
[ ] 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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Walker, John H.
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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10/00
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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[x] DIRECTOR [ ] 10% OWNER
[x] OFFICER (give title)[ ] OTHER (Specify below)
President and Chief Operating Officer
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TABLE I. NON-DERIVATIVE SEURITIES ACQUIRED, DISPOSED OF, OR
BENEFICIALLY OWNED
1. TITLE OF SECURITY
Weirton Steel 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
1,231
6. OWNERSHIP FORM: DIRECT(D) OR INDIRECT(I)
Indirect
7. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
by United National Bank as Trustee of the Weirton Steel
Corporation 1984 Employee Stock Ownership Plan
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TABLE II. DERIVATIVE SECURITIES DISPOSED OF, OR
BENEFICIALLY OWNED (e.g. puts, calls, warrants, options,
convertible securities)
1. TITLE OF DERIVATIVE SECURITY
Common Stock Options
2. CONVERSION OR EXERCISE PRICE OF DERIVATIVE SECURITY
5.56
3. TRANSACTION DATE (MONTH/DAY/YEAR)
10/5/00
4. TRANSACTION CODE
A
5. NUMBER OF DERIVATIVE SECURITIES ACQUIRED(A) OR DISPOSED OF(D)
(A) (D)
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402,500
6. DATE EXERCISABLE AND EXPIRATION DATE (MONTH/DAY/YEAR)
DATE EXERCISABLE EXPIRATION DATE
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Options require both stock price 5/24/10
performance and additional service by
the optionee after grant in order to vest
and become exercisable. Options vest and become exercisable
incrementally based on the date the closing price of the Common
Stock for 20 consecutive trading days equals or exceeds the
following: 10%@$6.12; 20%@$6.85; 20%@$7.74
20%@$8.75; and 30%@$10.33. Furthermore, 12 months of service
following the date of grant is required for 40% of the options
to vest and become exercisable and 24 months for the remaining
60% of the options to vest and become exercisable.
7. TITLE AND AMOUNT OF UNDERLYING SECURITIES
TITLE AMOUNT
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Weirton Steel Corp. Common Stock 402,500
8. PRICE OF DERIVATIVE SECURITY
9. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED AT END OF
MONTH
402,500 options
10. OWNERSHIP FORM OF DERIVATIVE SECURITY: DIRECT(D) OR
INDIRECT(I)
Direct
11. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
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 Voting Preferred Stock, 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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Weirton Steel Common Stock 518 shares
8. PRICE OF DERIVATIVE SECURITY
9. NUMBER OF DERIVATIVE SECURITIES BENEFICIALLY OWNED AT END OF
MONTH
518 shares
10. OWNERSHIP FORM OF DERIVATIVE SECURITY: DIRECT(D) OR
INDIRECT(I)
Indirect
11. NATURE OF INDIRECT BENEFICIAL OWNERSHIP
by United National Bank as Trustee for the Weirton Steel
Corporation 1989 Employee Stock Ownership Plan
