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*
SCORSONE VINCENT R

(Last) (First) (Middle)
1900 WEST LOOP SOUTH
SUITE 1500

(Street)
HOUSTON TX 77027

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QUANEX CORP [ NX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/11/2005
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
Common Stock 01/11/2005 M 1,500 A $14.4583 17,250 D
Common Stock 01/11/2005 M 3,000 A $13.2083 20,250 D
Common Stock 01/11/2005 S 3,000 D $43.05 17,250 D
Common Stock 01/11/2005 S 700 D $42.84 16,550 D
Common Stock 01/11/2005 S 800 D $42.82 15,750 D
Common Stock 01/11/2005 S 800 D $42.71 14,950 D
Common Stock 01/11/2005 S 700 D $42.7 14,250 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
Stock Options (Right to buy) $13.2083 01/11/2005 M(1) 3,000 10/31/2000 10/31/2010 Common Stock 3,000 $0 0 D
Stock Options (Right to buy) $14.4583 01/11/2005 M(2) 3,000 05/01/2000 10/31/2009 Common Stock 1,500 $0 0 D
Stock Options (Right to buy) $17.3 10/31/2001 10/31/2011 Common Stock 3,000 3,000 D
Stock Options (Right to buy) $23.6933 10/31/2002 10/31/2012 Common Stock 3,000 3,000 D
Stock Options (Right to buy) $26.7 10/31/2003 10/31/2013 Common Stock 3,000 3,000 D
Stock Options (Right to buy) $33.8 10/31/2004 10/31/2014 Common Stock 3,000 3,000 D
Phantom Stock Units $0 12/31/2004 08/08/1988 Common Stock 6,862.9699 6,862.9699(3) D
Explanation of Responses:
1. Option exercised under the 1997 Non-employee Director's Stock Option Plan.
2. Options exercised under the 1989 Non-employee Directors Stock Option Plan.
3. Balances have been changed to reflect the 3 for 2 stock split effective 12/31/04.
Terry M. Murphy, Power of Attorney 01/12/2005
** 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.