4//SEC Filing
RIBEAU SIDNEY A 4
Accession 0001209191-19-025225
CIK 0000108516other
Filed
Apr 17, 8:00 PM ET
Accepted
Apr 18, 3:20 PM ET
Size
11.2 KB
Accession
0001209191-19-025225
Insider Transaction Report
Form 4
RIBEAU SIDNEY A
Director
Transactions
- Exercise/Conversion
Common Shares
2019-04-18$13.90/sh+9,750$135,525→ 52,369 total - Sale
Common Shares
2019-04-18$40.41/sh−9,750$393,997→ 42,619 total - Exercise/Conversion
Non-qualified Stock Option
2019-04-18−9,750→ 0 totalExercise: $13.90From: 2010-09-30Exp: 2019-09-30→ Common Shares (9,750 underlying)
Holdings
- 16,913
Phantom Stock
→ Common Shares
Footnotes (5)
- [F1]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2006 Equity Incentive Plan for Non-Employee Directors and will become vested and fully exercisable on the first to occur: (i) the first anniversary of the grant date (September 30, 2009) or (ii) the date of the next Annual Meeting of Shareholders of Worthington Industries, Inc. following the grant date.
- [F2]The accounts track common shares on a one-for-one basis.
- [F3]Prior to October 1, 2014, the account balances related to the theoretical common share investment option could be immediately transferred to other investment options under the terms of the deferred compensation plan.
- [F4]The Company amended its Amended and Restated 2005 Deferred Compensation Plan for Outside Directors (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.
- [F5]The amount shown reflects additional theoretical common shares (i.e. phantom stock) which were credited pursuant to the dividend reinvestment feature of Worthington Industries, Inc.'s Deferred Compensation Plan for Directors.
Documents
Issuer
WORTHINGTON INDUSTRIES INC
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001184881
Filing Metadata
- Form type
- 4
- Filed
- Apr 17, 8:00 PM ET
- Accepted
- Apr 18, 3:20 PM ET
- Size
- 11.2 KB