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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2012
Dec 12, 2012
31320_dirs_2012-12-12_df6d0105-e40e-49a1-b9be-f00dc026ade1.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: 2012-12-11
Reporting Person: WELCH RICHARD G (Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-12-11 | Common Shares | M | 2000 | $15.26 | Acquired | 19746 | Direct |
| 2012-12-11 | Common Shares | S | 1531 | $23.67 | Disposed | 18215 | Direct |
| 2012-12-11 | Common Shares | M | 6000 | $19.20 | Acquired | 24215 | Direct |
| 2012-12-11 | Common Shares | S | 5251 | $23.67 | Disposed | 18964 | Direct |
| 2012-12-11 | Common Shares | M | 6000 | $17.01 | Acquired | 24964 | Direct |
| 2012-12-11 | Common Shares | S | 4885 | $23.67 | Disposed | 20079 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-12-11 | Employee Stock Option (Right to Purchase) | $15.26 | M | 2000 | Disposed | 2013-06-01 | common shares (2000) | Direct |
| 2012-12-11 | Employee Stock Option (Right to Purchase) | $19.20 | M | 6000 | Disposed | 2014-05-31 | common shares (6000) | Direct |
| 2012-12-11 | Employee Stock Option (Right to Purchase) | $17.01 | M | 6000 | Disposed | 2015-05-31 | common shares (6000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Phantom Stock, acquired under deferred compensation plan | $ | common shares (90) | 3565 | Direct |
Footnotes
F1: This option was granted out of the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the first day any portion of the option will vest. Additional portions of 20% of the option vest annually on 06/01/2005, 06/01/2006, 06/01/2007, and 06/01/2008.
F2: This option was granted out of the Worthington Industries, Inc. 2003 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the first day any portion of the option will vest. Additional portions of 20% of the option vest annually on 06/01/2006, 06/01/2007, 06/01/2008 and 06/01/2009.
F3: This option was granted out of the Worthington Industries, Inc. 2003 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the first day any portion of the option will vest. Additional portions of 20% of the option vest annually on 06/01/2007, 06/01/2008, 06/01/2009 and 06/01/2010.
F4: The accounts track common shares on a one-for-one basis
F5: 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.
F6: 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.
F7: The amount shown reflects additional theoretical common shares (i.e. phantom stock) credited pursuant to the dividend reinvestment feature of Worthington Industries, Inc.'s Deferred Compensation Plan