WORTHINGTON INDUSTRIES INC 4
4 · WORTHINGTON INDUSTRIES INC · Filed Jun 2, 2006
Insider Transaction Report
Form 4
Ponko Edmund L
Pres. Dietrich Industries
Transactions
- Award
Employee Stock Option
2006-06-01+35,000→ 35,000 totalExercise: $18.17From: 2007-06-01Exp: 2016-05-31→ common shares (35,000 underlying)
Holdings
- 10,792
Phanton Stock
→ common shares (10,792 underlying)
Footnotes (5)
- [F1]This option was granted out of the Worthington Industries, Inc. 2003 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the first day any portion of the option vests. Additional portions of 20% of the option vest annually on 6/01/2008, 6/01/2009, 6/01/2010 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.
- [F5]Amount listed is the most up-to-date information available regarding phantom stock acquired as a result of reinvestment of dividends pursuant to the Worthington Industries, Inc. Dividend Reinvestment and Stock Purchase Plan as of May 31, 2006. Between September 29, 2005 and May 31, 2006, 189 common shares were acquired through dividend reinvestments in that fund.