Filing Details

Accession Number:
0001209191-22-007364
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-07 09:53:16
Reporting Period:
2022-02-03
Accepted Time:
2022-02-07 09:53:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
108516 Worthington Industries Inc WOR Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310) 311189815
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1459904 M Eric Smolenski 200 Old Wilson Bridge Road
Columbus OH 43085
President-Worthington Cylinder No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2022-02-03 5,444 $19.18 88,580 No 4 M Direct
Common Shares Disposition 2022-02-03 5,444 $54.74 83,136 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Non-qualified Stock Option (right to buy) Disposition 2022-02-03 5,444 $0.00 5,444 $19.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,556 2013-03-30 2022-03-30 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares 7,322 Indirect by 401(k)
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Shares Phantom stock acquired under Deferred Compensation Plan $0.00 71 4,780 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
71 4,780 Direct
Footnotes
  1. The price reported is a weighted average price. The reporting person undertakes to provide to Worthington Industries, Inc. (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 ranges set forth.
  2. Amount listed is the most up-to-date information available regarding holdings in the Company Stock Fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan and is based on a plan statement dated as of January 31, 2022.
  3. 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 3/30/2014 and 3/30/2015.
  4. The account under the 2005 NQ Plan (defined in the footnote immediately below) tracks common shares on a one-for-one basis.
  5. 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 investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "2005 NQ Plan").
  6. 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. theoretical Worthington Industries, Inc. common shares 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 a person's leaving employment with Worthington Industries, Inc.
  7. 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.