Sprinkle steaks with salt and pepper. Grill over medium-hot to hot coals 5 minutes. Rotate steaks 90 degrees to create crosshatch marks. Continue to grill 5 minutes. Turn steaks over, and grill 10 minutes or until desired degree of doneness, rotating halfway through cooking time to create crosshatch marks. Remove from grill; let rest 10 minutes.
Cut meat off bone. Cut diagonally across the grain into 1/4-inch-thick slices. Top each serving with a pat of Herb Butter. (Remaining butter can be refrigerated for later use.)