AI assistant
WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2017
Jul 3, 2017
31320_dirs_2017-07-03_6a3d27c3-d8fc-4fed-bcf6-901fba16d0f9.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WORTHINGTON INDUSTRIES INC (WOR)
CIK: 0000108516
Period of Report: 2017-06-29
Reporting Person: LAMPRINAKOS JOHN G (President, Worthington Steel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-06-29 | Common Shares | A | 5100 | $0.00 | Acquired | 65122 | Direct |
| 2017-06-30 | Common Shares | A | 423 | $0.00 | Acquired | 65545 | Direct |
| 2017-06-30 | Common Shares | F | 210 | $50.22 | Disposed | 65335 | Direct |
| 2017-06-30 | Common Shares | A | 769 | $0.00 | Acquired | 66104 | Direct |
| 2017-06-30 | Common Shares | F | 381 | $50.22 | Disposed | 65723 | Direct |
| 2017-06-30 | Common Shares | F | 2472 | $50.22 | Disposed | 63251 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-06-29 | Non-qualified stock Option (right to buy) | $47.76 | A | 4800 | Acquired | 2027-06-30 | common shares (4800) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 5156 | Indirect |
Footnotes
F1: An award of restricted stock was granted pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary i.e. June 29, 2020.
F2: A long-term performance share award was granted on June 1, 2014 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2017. On June 28, 2017, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three year period ended May 31, 2017.
F3: Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
F4: 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.
F5: 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 will vest. Additional portions of 33.33% of the option vest annually on 6/29/2019 and 6/29/2020.