SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

USHER THOMAS J

(Last)

(First)

(Middle)

UNITED STATES STEEL CORP 61ST FLR

600 GRANT ST

(Street)

PITTSBURGH

15219

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
UNITED STATES STEEL CORP [ X ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
Chrmn and CEO / Chrmn and CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2004

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
United States Steel Corporation Common Stock	02/18/2004		M		320,000	A	$12.21	322,724.24	D
United States Steel Corporation Common Stock	02/18/2004		D		320,000	D	$36.375	2,724.24	D
United States Steel Corporation Common Stock	02/18/2004		M		480,000	A	$12.21	482,724.24	D
United States Steel Corporation Common Stock	02/18/2004		D		320,561	D	$36.375	162,163.24	D
United States Steel Corporation Common Stock	02/18/2004		M		200,000	A	$20.415	362,163.24	D
United States Steel Corporation Common Stock	02/18/2004		D		200,000	D	$36.375	162,163.24	D
United States Steel Corporation Common Stock	02/18/2004		M		300,000	A	$20.415	462,163.24	D
United States Steel Corporation Common Stock	02/18/2004		D		234,186	D	$36.375	227,977.24	D
United States Steel Corporation Common Stock	02/18/2004		M		70,000	A	$19.885	297,977.24	D
United States Steel Corporation Common Stock	02/18/2004		D		70,000	D	$36.375	227,977.24	D
United States Steel Corporation Common Stock	02/18/2004		M		105,000	A	$19.885	332,977.24	D
United States Steel Corporation Common Stock	02/18/2004		D		81,200	D	$36.375	251,777.24	D
United States Steel Corporation Common Stock	02/18/2004		M		56,000	A	$23	307,777.24	D
United States Steel Corporation Common Stock	02/18/2004		D		56,000	D	$36.375	251,777.24	D
United States Steel Corporation Common Stock	02/18/2004		M		84,000	A	$23	335,777.24	D
United States Steel Corporation Common Stock	02/18/2004		D		68,557	D	$36.375	267,220.24	D
United States Steel Corporation Common Stock	02/18/2004		M		45,360	A	$28.2188	312,580.24	D
United States Steel Corporation Common Stock	02/18/2004		D		45,360	D	$36.375	267,220.24	D
United States Steel Corporation Common Stock	02/18/2004		M		68,040	A	$28.2188	335,260.24	D
United States Steel Corporation Common Stock	02/18/2004		D		60,412	D	$36.375	274,848.24	D
United States Steel Corporation Common Stock	02/18/2004		M		20,000	A	$34.4375	294,848.24	D
United States Steel Corporation Common Stock	02/18/2004		D		20,000	D	$36.375	274,848.24	D
United States Steel Corporation Common Stock	02/18/2004		M		30,000	A	$34.4375	304,848.24	D
United States Steel Corporation Common Stock	02/18/2004		D		29,202	D	$36.375	275,646.24	D
United States Steel Corporation Common Stock								85,542	I	Revocable Trust

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$34.4375	02/18/2004		M⁽¹⁾			20,000	12/01/1994	05/31/2004	United States Steel Corporation Common Stock	20,000	$00.00	30,000	D
Employee Stock Option (right to buy)	$34.4375	02/18/2004		M⁽²⁾			30,000	12/01/1994	05/31/2004	United States Steel Corporation Common Stock	30,000	$00.00	0.00	D
Stock Appreciation Right	$34.4375	02/18/2004		M⁽¹⁾			20,000	12/01/1994	05/31/2004	United States Steel Corporation Common Stock	20,000	$00.00	30,000	D
Stock Appreciation Right	$34.4375	02/18/2004		M⁽²⁾			30,000	12/01/1994	05/31/2004	United States Steel Corporation Common Stock	30,000	$00.00	0.00	D
Employee Stock Option (right to buy)	$28.2188	02/18/2004		M⁽¹⁾			45,360	05/25/2000	05/25/2009	United States Steel Corporation Common Stock	45,360	$00.00	68,040	D
Employee Stock Option (right to buy)	$28.2188	02/18/2004		M⁽²⁾			68,040	05/25/2000	05/25/2009	United States Steel Corporation Common Stock	68,040	$00.00	0.00	D
Stock Appreciation Right	$28.2188	02/18/2004		M⁽²⁾			68,040	05/25/2000	05/25/2009	United States Steel Corporation Common Stock	68,040	$00.00	45,360	D
Stock Appreciation Right	$28.2188	02/18/2004		M⁽¹⁾			45,360	05/25/2000	05/25/2009	United States Steel Corporation Common Stock	45,360	$00.00	0.00	D
Employee Stock Option (right to buy)	$23	02/18/2004		M⁽¹⁾			56,000	05/30/2001	05/30/2010	United States Steel Corporation Common Stock	56,000	$00.00	84,000	D
Employee Stock Option (right to buy)	$23	02/18/2004		M⁽²⁾			84,000	05/30/2001	05/30/2010	United States Steel Corporation Common Stock	84,000	$00.00	0.00	D
Stock Appreciation Right	$23	02/18/2004		M⁽²⁾			84,000	05/30/2001	05/30/2010	United States Steel Corporation Common Stock	84,000	$00.00	56,000	D
Stock Appreciation Right	$23	02/18/2004		M⁽¹⁾			56,000	05/30/2001	05/30/2010	United States Steel Corporation Common Stock	56,000	$00.00	0.00	D
Employee Stock Option (right to buy)	$19.885	02/18/2004		M⁽¹⁾			70,000	05/29/2002	05/29/2011	United States Steel Corporation Common Stock	70,000	$00.00	105,000	D
Employee Stock Option (right to buy)	$19.885	02/18/2004		M⁽²⁾			105,000	05/29/2002	05/29/2011	United States Steel Corporation Common Stock	105,000	$00.00	0.00	D
Stock Appreciation Right	$19.885	02/18/2004		M⁽¹⁾			70,000	05/29/2002	05/29/2011	United States Steel Corporation Common Stock	70,000	$00.00	105,000	D
Stock Appreciation Right	$19.885	02/18/2004		M⁽²⁾			105,000	05/29/2002	05/29/2011	United States Steel Corporation Common Stock	105,000	$00.00	0.00	D
Employee Stock Option (right to buy)	$20.415	02/18/2004		M⁽¹⁾			200,000	05/28/2003	05/28/2010	United States Steel Corporation Common Stock	200,000	$00.00	300,000	D
Employee Stock Option (right to buy)	$20.415	02/18/2004		M⁽²⁾			300,000	05/28/2003	05/28/2010	United States Steel Corporation Common Stock	300,000	$00.00	0.00	D
Stock Appreciation Right	$20.415	02/18/2004		M⁽¹⁾			200,000	05/28/2003	05/28/2010	United States Steel Corporation Common Stock	200,000	$00.00	300,000	D
Stock Appreciation Right	$20.415	02/18/2004		M⁽²⁾			300,000	05/28/2003	05/28/2010	United States Steel Corporation Common Stock	300,000	$00.00	0.00	D
Employee Stock Option (Right to Buy)	$12.21	02/18/2004		M⁽²⁾			480,000	02/13/2004	02/13/2011	United States Steel Corporation Common Stock	480,000	$00.00	320,000	D
Employee Stock Option (Right to Buy)	$12.21	02/18/2004		M⁽¹⁾			320,000	02/13/2004	02/13/2011	United States Steel Corporation Common Stock	320,000	$00.00	0.00	D
Stock Appreciation Right	$12.21	02/18/2004		M⁽²⁾			480,000	02/13/2004	02/13/2011	United States Steel Corporation Common Stock	480,000	$00.00	320,000	D
Stock Appreciation Right	$12.21	02/18/2004		M⁽¹⁾			320,000	02/12/2004	02/13/2011	United States Steel Corporation Common Stock	320,000	$00.00	0.00	D

Explanation of Responses:

1. Exercise of SARs and cancellation of related options.

2. Exercise of SAR, receiving half cash and half stock, and cancellation of related options.

Remarks:

	B. E. Lammel by Power of Attorney	02/19/2004
	** Signature of Reporting Person	Date
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).
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