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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2011
Jan 7, 2011
31320_dirs_2011-01-07_1c22f500-efe6-470a-bceb-fc2e4ac5bb81.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: 2011-01-06
Reporting Person: Lockard Matthew A (VP Corp Dev & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-01-06 | Common Shares | M | 4000 | $9.30 | Acquired | 10190 | Direct |
| 2011-01-06 | Common Shares | F | 2724 | $19.20 | Disposed | 7466 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-01-06 | Employee Stock Option (Right to Purchase) | $9.30 | A | 4000 | Acquired | 2011-03-29 | common shares (4000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 9259 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock, acquired under deferred compensation plan | $ | common shares (17) | 1399 | Direct |
Footnotes
F1: Amount listed is the most up-to-date information available regarding holdings in the Company Plan Fund which invests in Common Shares of the Company.
F2: The accounts track common shares on a one-for-one basis
F3: The account balances related to the theoretical common shares may be immediately transferred to other investment options under the terms of the deferred compensation plans.
F4: These are unfunded accounts under Worthington Industries, Inc.'s deferred compensation plan invested in phantom stock. Distributions are made only in cash, and generally commence upon retirement or other termination of employment.
F5: The amount reported represents 17 additional unfunded theoretical common shares (i.e., phantom stock) credited to participant's account pursuant to the dividend reinvestment feature of the Worthington Industries, Inc.'s Deferred Compensation Plans.
F6: This non-qualified stock option was granted under the Worthington Industries, Inc. Amended and Restated 1990 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is date on which the first 20% portion of the option will vest. Additional portions of 20% of the option vest annually on each of 03/30/2002, 03/30/2003, 03/30/2004, and 03/30/2005.
F7: This Option Expires 03/29/2011.