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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2004
Oct 12, 2004
31320_dirs_2004-10-12_120c9a71-8a66-4d00-94a7-3cad1aac79bc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WORTHINGTON INDUSTRIES INC (WOR)
CIK: 0000108516
Period of Report: 2004-10-11
Reporting Person: MCCONNELL JOHN P/OH (Director, Chairman/Chief Exec Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2004-10-11 | Common Shares | M | 6000 | $9.30 | Acquired | 894389 | Direct |
| 2004-10-11 | Common Shares | P | 100 | $21.84 | Acquired | 894489 | Direct |
| 2004-10-11 | Common Shares | P | 900 | $21.85 | Acquired | 895389 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2004-10-11 | Employee Stock Option (Right to Purchase) | $9.30 | M | 6000 | Disposed | 2011-03-30 | Common Shars (6000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 888389 | Direct |
| Common Shares | 18799 | Indirect |
| Common Shares | 19154 | Indirect |
| Common Shares | 17017 | Indirect |
| Common Shares | 118000 | Indirect |
| Common Shares | 12218 | Indirect |
Footnotes
F1: The amount listed is based on a plan statement dated as of September 24, 2004, which reflects the most up-to-date information available regarding holdings in the fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan which invests in common shares of the Issuer. Between June 25, 2004 and September 24, 2004, the reporting person acquired 60 common shares in that fund.
F2: This option was granted out of the Worthington Industries, Inc. 1997 Long-Term Incentive Plan and vests at 20% per year beginning on the first anniversary of the grant date (3/30/01). Date listed is the first day any portion of the option vested. Additional portions of 20% of the option vested annually on 3/30/03 and 3/30/04. The remaining portion of the option will vest as to 20,000 common shares on each of 3/30/05 and 3/30/06. The option was also exercised in respect of 20,000 common shares on July 1, 2003.