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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2016
Oct 3, 2016
31320_dirs_2016-10-03_79004f9c-fb0d-43f1-b350-9fb4b9b2d3d7.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: WORTHINGTON INDUSTRIES INC (WOR)
CIK: 0000108516
Period of Report: 2016-09-28
Reporting Person: ENDRES MICHAEL J (Director)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-28 | Phantom Stock | $ | A | 1813 | Acquired | common shares (1813) | Direct |
Footnotes
F1: The accounts track common shares on a one-for-one basis
F2: Prior to October 1, 2014, the account balance related to the theoretical Company common shares could be immediately transferred to other investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors
F3: The Company amended the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors (the "Plan") effective October 1, 2014. The Amendment includes a provision that effective October 1, 2014, and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. theoretical Company common shares deemed investment option) may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in common shares of the Company and generally commence upon leaving the Company's Board of Directors.
F4: The filing is late due to an administrative oversight
F5: The amount shown reflects 1,586 additional theoretical common shares (i.e. phantom stock) which were credited pursuant to the dividend reinvestment feature of Worthington Industries, Inc.'s Deferred Compensation Plan for Directors.