ACCEPTANCE / RE-ELECTION FORM | Exhibit (a)(1)(xi) |
GERDAU S.A.
GERDAU AMERISTEEL CORPORATION
GERDAU MACSTEEL, INC.
ACCEPTANCE / RE-ELECTION FORM
RE: ACCEPTANCE OF OFFER TO EXCHANGE ELIGIBLE STOCK OPTIONS AND STOCK APPRECIATION RIGHTS PURSUANT TO THE OFFER TO EXCHANGE CERTAIN OUTSTANDING STOCK OPTIONS AND STOCK APPRECIATION RIGHTS FOR RESTRICTED STOCK UNITS (ACTIVE EMPLOYEES IN THE UNITED STATES), RESTRICTED STOCK (ACTIVE EMPLOYEES IN CANADA) OR ADSs (RETIREES).
THE OFFER TO EXCHANGE AND YOUR WITHDRAWAL RIGHTS WILL COMMENCE ON OCTOBER 21, 2013, AND EXPIRE AT 4:00 P.M. EASTERN TIME, OR ET, ON NOVEMBER 19, 2013, UNLESS THE OFFER IS EXTENDED
Before electing (or re-electing) to exchange your eligible stock options and stock appreciation rights, please make sure you have read and understand the documents that make up this Offer, including: (1) the Offer to Exchange Certain Outstanding Stock Options and Stock Appreciation Rights for Restricted Stock Units (Active Employees in the United States), Restricted Stock (Active Employees in Canada) or ADSs (Retirees)(the “Offer to Exchange”); (2) this Acceptance / Re-Election Form; (3) the Gerdau North America Equity Incentive Plan and, if applicable, the RSU award agreement, the restricted stock agreement, or the ADS agreement. The Offer is subject to the terms of the offer documents as they may be amended. The Offer provides eligible employees who hold eligible stock options and stock appreciation rights the opportunity to exchange all of their eligible stock options and stock appreciation rights for restricted stock units (active employees in the United States), restricted stock (active employees in Canada) or ADSs (eligible retirees in both the United States and Canada). This Offer expires at 4:00 p.m. ET on November 19, 2013, unless extended.
The offer documents are available at the stock option and SAR exchange election site (www.netbenefits.com) and are also filed as exhibits to our Schedule TO and may be accessed on and at the SEC’s website at http://www.sec.gov.
If you wish to elect (or, if applicable, re-elect) to participate in the Offer and to exchange all of your eligible stock options and stock appreciation rights, please check the box below.
□ I elect to participate in the Offer and to exchange all of my eligible stock options and stock appreciation rights for restricted stock units (active employees in the United States), restricted stock (active employees in Canada) or ADSs (retirees).
Please note that your may withdraw your election (or re-election, if applicable) by submitting a new properly completed and signed Withdrawal Form before 4:00 p.m. ET on the completion date, which will be November 19, 2013, unless we extend the Offer.
THE LAST VALID ELECTION OR WITHDRAWAL THAT YOU SUBMIT BEFORE 4:00 P.M. ET ON THE COMPLETION DATE SHALL BE BINDING.
ACCEPTANCE / RE-ELECTION FORM | |
Your signature and submission of this Acceptance / Re-Election Form indicates that you have read and agreed to the offer documents, including the Offer to Exchange.
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(Signature of Eligible Employee) | |
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(Eligible Employee’s Name, please print in full) | |
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Date: , 2013 | |
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Address: | |
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SCAN AND EMAIL, FAX, OR MAIL THIS FORM TO
ANETA BOOTH
BEFORE 4:00 P.M. ON THE COMPLETION DATE
EMAIL: aneta.booth@gerdau.com
FACSIMILE: (813) 319-4881 (Attn: Aneta Booth)
ADDRESS: Gerdau Compensation, Attn: Aneta Booth, 4221 Boy Scout Boulevard, Suite 600, Tampa, FL 33607
DELIVERY OF YOUR FORM OTHER THAN VIA SCAN AND EMAIL, FACSIMILE, OR MAIL WILL NOT CONSTITUTE VALID DELIVERY.
