4//SEC Filing
LYTTLE CATHERINE M 4
Accession 0001209191-23-021529
CIK 0000108516other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 4:14 PM ET
Size
26.9 KB
Accession
0001209191-23-021529
Insider Transaction Report
Form 4
LYTTLE CATHERINE M
Vice President-Communications
Transactions
- Exercise/Conversion
Non-qualified stock option (right to buy)
2023-03-28−1,700→ 0 totalExercise: $42.50From: 2019-09-26Exp: 2028-09-26→ Common Shares (1,700 underlying) - Sale
Common Shares
2023-03-28$62.89/sh−9,880$621,353→ 54,104 total - Exercise/Conversion
Non-qualified stock option (right to buy)
2023-03-28−1,800→ 0 totalExercise: $42.91From: 2019-06-28Exp: 2028-06-28→ Common Shares (1,800 underlying) - Exercise/Conversion
Non-qualified stock option (right to buy)
2023-03-28−4,300→ 0 totalExercise: $38.91From: 2020-06-27Exp: 2029-06-27→ Common Shares (4,300 underlying) - Exercise/Conversion
Common Shares
2023-03-28$42.91/sh+1,800$77,238→ 57,984 total - Exercise/Conversion
Common Shares
2023-03-28$38.91/sh+4,300$167,313→ 63,984 total - Sale
Common Shares
2023-03-28$63.38/sh−120$7,606→ 53,984 total - Exercise/Conversion
Non-qualified stock option (right to buy)
2023-03-28−2,200→ 0 totalExercise: $42.30From: 2017-06-30Exp: 2026-06-30→ Common Shares (2,200 underlying) - Exercise/Conversion
Common Shares
2023-03-28$42.30/sh+2,200$93,060→ 56,184 total - Exercise/Conversion
Common Shares
2023-03-28$42.50/sh+1,700$72,250→ 59,684 total
Holdings
- 140.43
Common Shares
- 343.43
Phantom stock acquired under Deferred Compensation Plan
→ Common Shares (6.43 underlying)
Footnotes (10)
- [F1]The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $62.37 to $62.89, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the range set forth.
- [F10]The amount shown reflects additional unfunded theoretical Worthington Industries, Inc. common shares (i.e. phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan.
- [F2]The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $63.37 to $63.39, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the range set forth.
- [F3]Amount listed is the most up-to-date information available regarding holdings in the Company Plan Fund which invests in common shares of Worthington Industries, Inc. and is based on a plan statement dated as of December 31, 2022.
- [F4]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested annually on 6/30/2018 and 6/30/2019.
- [F5]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested annually on 6/28/2020 and 6/28/2021.
- [F6]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested annually on 9/26/2020 and 9/26/2021.
- [F7]This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan. Date listed is the first day any portion of the option vested. Additional portions of 33.33% of the option vested annually on 6/27/2021 and 6/27/2022.
- [F8]The account under the 2005 NQ Plan (as defined below) tracks Worthington Industries Inc. common shares on a one-for-one basis.
- [F9]Prior to October 1, 2014, the account balances related to the theoretical Worthington Industries, Inc. common share deemed investment option could be immediately transferred to other deemed investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "2005 NQ Plan"). The 2005 NQ Plan provides that effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. the theoretical Worthington Industries, Inc. common share deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 NQ Plan until distribution from the 2005 NQ Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon leaving Worthington Industries, Inc. and its subsidiaries.
Documents
Issuer
WORTHINGTON INDUSTRIES INC
CIK 0000108516
Entity typeother
Related Parties
1- filerCIK 0001554743
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 4:14 PM ET
- Size
- 26.9 KB