4//SEC Filing
ENDRES MICHAEL J 4
Accession 0001209191-20-052204
CIK 0000108516other
Filed
Sep 27, 8:00 PM ET
Accepted
Sep 28, 4:25 PM ET
Size
7.6 KB
Accession
0001209191-20-052204
Insider Transaction Report
Form 4
ENDRES MICHAEL J
Director
Transactions
- Award
Phantom Stock
2020-09-25$39.47/sh+2,407$95,004→ 74,890 total→ Common Shares (2,407 underlying)
Holdings
- 197,240
Common Shares
Footnotes (4)
- [F1]The theoretical common shares (phantom stock) credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "2005 Director Deferred Compensation Plan") track Common Shares of Worthington Industries, Inc. (the "Company") on a one-for-one basis.
- [F2]Prior to October 1, 2014, the account balances related to the theoretical common shares could be immediately transferred to other investment options under the terms of the deferred compensation plans.
- [F3]The 2005 Director Deferred Compensation Plan provides that effective October 1, 2014 and thereafter any amount credited in a participant's account to the phantom stock fund (i.e. theoretical common shares deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 Director Deferred Compensation Plan until distribution from the 2005 Director Deferred Compensation Plan. Distributions are made only in Common Shares of Worthington Industries, Inc. and generally commence upon the leaving the Board of Directors of Worthington Industries, Inc.
- [F4]The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the 2005 Director Deferred Compensation Plan since the date on which the amount of theoretical common shares credited pursuant to dividend reinvestment under the 2005 Director Deferred Compensation Plan was last updated in the reporting person's Form 4 filed September 27, 2019.
Documents
Issuer
WORTHINGTON INDUSTRIES INC
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001110858
Filing Metadata
- Form type
- 4
- Filed
- Sep 27, 8:00 PM ET
- Accepted
- Sep 28, 4:25 PM ET
- Size
- 7.6 KB