WORTHINGTON INDUSTRIES INC 4
4 · WORTHINGTON INDUSTRIES INC · Filed Jun 2, 2006
Insider Transaction Report
Form 4
CHRISTIE JOHN S
DirectorPresident & CFO
Transactions
- Award
Employee Stock Option (Right to Purchase)
2006-06-01+45,000→ 45,000 totalExercise: $18.17From: 2007-06-01Exp: 2016-05-31→ Common Shares (45,000 underlying)
Holdings
- 2,884
Phantom Stock
→ Common Shares (2,884 underlying) - 32,686
Common Shares
Footnotes (4)
- [F1]This option was granted out of the Company's 2003 Stock Option Plan and vests at 20% per year. Date listed is the first day the options are available. Subsequent shares vest at 20% annually on 6/01/2008, 6/01/2009, 06/01/2010 and 6/01/2011.
- [F2]The accounts track common shares on a one-for-one basis
- [F3]The account balances related to the theoretical common shares may be immediately transferred to other investment options under the terms of the deferred compensation plans.
- [F4]These are unfunded accounts under Worthington Industries, Inc.'s deferred compensation plan invested in phantom stock. Distributions are made only in cash, and generally commence upon retirement or other termination of employment.