4//SEC Filing
SCHIAVO MARY FACKLER 4
Accession 0001209191-21-002537
CIK 0000108516other
Filed
Jan 6, 7:00 PM ET
Accepted
Jan 7, 5:21 PM ET
Size
16.9 KB
Accession
0001209191-21-002537
Insider Transaction Report
Form 4
SCHIAVO MARY FACKLER
Director
Transactions
- Exercise/Conversion
Common Shares
2021-01-06$14.43/sh+8,000$115,440→ 70,272 total - Exercise/Conversion
Common Shares
2021-01-06$22.06/sh+8,000$176,480→ 76,256 total - Tax Payment
Common Shares
2021-01-06$57.24/sh−3,082$176,414→ 73,174 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2021-01-06−8,000→ 0 totalExercise: $14.43From: 2012-09-29Exp: 2021-09-29→ Common Shares (8,000 underlying) - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2021-01-06−8,000→ 0 totalExercise: $22.06From: 2013-09-26Exp: 2022-09-26→ Common Shares (8,000 underlying) - Tax Payment
Common Shares
2021-01-06$57.24/sh−2,016$115,396→ 68,256 total
Holdings
- 5,534
Phantom Stock Acquired Under Deferred Compensation Plan
→ Common Shares (705 underlying)
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 became vested and fully exercisable on the first to occur: (i) the first anniversary of the grant date or (ii) the date of the next Annual Meeting of Shareholders of Worthington Industries, Inc. following the grant date.
- [F2]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.
- [F3]Prior to October 1, 2014, the account balance related to the theoretical Company common share investment option could be immediately transferred to other deemed investment options under the terms of the Plan.
- [F4]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.
- [F5]The amount shown reflects additional unfunded theoretical Worthington Industries, Inc. common shares (i.e. phantom stock) which were credited pursuant to the dividend reinvestment feature of the Plan.
Documents
Issuer
WORTHINGTON INDUSTRIES INC
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001194134
Filing Metadata
- Form type
- 4
- Filed
- Jan 6, 7:00 PM ET
- Accepted
- Jan 7, 5:21 PM ET
- Size
- 16.9 KB