WORTHINGTON INDUSTRIES INC 4
4 · WORTHINGTON INDUSTRIES INC · Filed Nov 16, 2015
Insider Transaction Report
Form 4
BILLMAN ANDREW J
Pres., Worthington Cylinders
Transactions
- Award
Phantom Stock, acquired under deferred compensation plan
2015-11-13$29.64/sh+19$563→ 2,846 total→ common shares (19 underlying)
Holdings
- 588(indirect: By 401(k))
Common shares
- 64,666
Common shares
Footnotes (3)
- [F1]The account tracks common shares on a one-for-one basis.
- [F2]Prior to October 1, 2014, the account balances related to the theoretical Company common share investment option could be immediately transferred to other investment options under the terms of the deferred compensation plan.
- [F3]The Company amended its Amended and Restated 2005 Deferred Compensation Plan (the "Plan") effective October 1, 2014. The amendment includes a provision that effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. theoretical Company common shares deemed investment option) may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in common shares of the Company and generally commence upon leaving the Company.