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4//SEC Filing

Caravati Steven M 4

Accession 0000950170-24-078832

CIK 0000108516other

Filed

Jun 27, 8:00 PM ET

Accepted

Jun 28, 10:51 AM ET

Size

16.2 KB

Accession

0000950170-24-078832

Insider Transaction Report

Form 4
Period: 2024-06-27
Caravati Steven M
President - Consumer Products
Transactions
  • Award

    Common Shares

    2024-06-27+3,30057,282 total
  • Award

    Common Shares

    2024-06-27+41057,692 total
  • Award

    Non-qualified stock option (right to buy)

    2024-06-27+2,9002,900 total
    Exercise: $47.00From: 2025-06-27Exp: 2034-06-27Common Shares (2,900 underlying)
  • Award

    Common Shares

    2024-06-27+20057,892 total
Holdings
  • Non-Qualified Stock Option (Right to Buy)

    Exercise: $29.48From: 2023-06-24Exp: 2032-06-24Common Shares (3,776 underlying)
    3,776
  • Non-Qualified Stock Option (Right to Buy)

    Exercise: $38.25From: 2022-06-25Exp: 2031-06-25Common Shares (2,045 underlying)
    2,045
  • Non-Qualified Stock Option (Right to Buy)

    Exercise: $44.15From: 2024-06-30Exp: 2033-06-30Common Shares (3,147 underlying)
    3,147
Footnotes (8)
  • [F1]An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/27/2027).
  • [F2]An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the second anniversary of the grant date (6/27/2026).
  • [F3]An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the first anniversary of the grant date (6/27/2025).
  • [F4]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest on 6/27/2026 and 6/27/2027.
  • [F5]Pursuant to the Employee Matters Ageement between the Issuer and Worthington Steel, Inc. dated November 30, 2023, in connection with the Spin-Off, the strike price and the number of underlying shares of each unvested and vested but unexercised stock option held by the reporting person immediately before the Spin-Off was adjusted to preserve the intrinsic value of such award following the Spin-Off. Each adjusted option otherwise has substantially the same terms and conditions.
  • [F6]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested on 6/25/2023 and will vest 6/25/2024.
  • [F7]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested on 6/24/2024 and will vest 6/24/2025.
  • [F8]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option will vest. Additional portions of 33.33% of the option will vest on 6/30/2025 and 6/30/2026.

Documents

1 file

Issuer

WORTHINGTON ENTERPRISES, INC.

CIK 0000108516

Entity typeother

Related Parties

1
  • filerCIK 0001862951

Filing Metadata

Form type
4
Filed
Jun 27, 8:00 PM ET
Accepted
Jun 28, 10:51 AM ET
Size
16.2 KB