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*
SANDMAN DAN D

(Last) (First) (Middle)

(Street)

(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)
Vice Chrmn-Chf Lgl Adm Offcr / Vice Chrmn-Chf Lgl Adm Offcr
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2004
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)
Code V Amount (A) or (D) Price
United States Steel Corporation Common Stock 08/12/2004 M 75,000 A $15.445 159,555.99 D
United States Steel Corporation Common Stock 08/12/2004 D 75,000 D $38.015 84,555.99 D
United States Steel Corporation Common Stock 08/12/2004 M 75,000 A $15.445 159,555.99 D
United States Steel Corporation Common Stock 08/12/2004 D 30,472.24 D $38.015 129,083.76 D
United States Steel Corporation Common Stock 08/12/2004 F 26,369.76 D $38.015 102,713.99 D
United States Steel Corporation Common Stock 08/12/2004 M 2,500 A $31.6875 105,213.99 D
United States Steel Corporation Common Stock 08/12/2004 D 2,500 D $38.015 102,713.99 D
United States Steel Corporation Common Stock 08/12/2004 M 2,500 A $31.6875 105,213.99 D
United States Steel Corporation Common Stock 08/12/2004 D 2,084.35 D $38.015 103,129.64 D
United States Steel Corporation Common Stock 08/12/2004 F 329.65 D $38.015 102,799.99 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $31.6875 08/12/2004 M(1) 5,000 11/30/1995 05/30/2005 United States Steel Corporation Common Stock 5,000 $00.00 0.00 D
Stock Appreciation Right $31.6875 08/12/2004 M(1) 5,000 11/30/1995 05/30/2005 United States Steel Corporation Common Stock 5,000 $00.00 0.00 D
Employee Stock Option (right to buy) $15.445 08/12/2004 M(1) 150,000 05/27/2004 05/27/2011 United States Steel Corporation Common Stock 150,000 $00.00 0.00 D
Stock Appreciation Right $15.445 08/12/2004 M(1) 150,000 05/27/2004 05/27/2011 United States Steel Corporation Common Stock 150,000 $00.00 0.00 D
Explanation of Responses:
1. Exercise of SARs, receiving half cash and half stock, and cancellation of related options.
Remarks:
B. E. Lammel by Power of Attorney 08/16/2004
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.