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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2017
Dec 11, 2017
31320_dirs_2017-12-11_423a1a69-c962-4d8f-a15f-abdfeb8ec3a7.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: 2017-09-29
Reporting Person: RUSSELL MARK A (Pres/COO, Worthington Industri)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-09-29 | Phantom Stock | $ | A | 1114 | Acquired | Common Shares (1114) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 336532 | Direct |
| Common Shares | 17604 | Indirect |
Footnotes
F1: Amount of Common Shares shown includes Common Shares credited on 9/29/2017 pursuant to the dividend reinvestment feature of the Company Stock fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan (the "401(k) Plan"), which fund invests in Common Shares of Worthington Industries, Inc. Common Shares attributable to reinvested dividends had been inadvertently omitted from the amount reported as being held through the 401(k) Plan in the reporting person's Form 4 dated and filed on October 2, 2017, and were also omitted from the amounts reported as being held through the 401(k) Plan in four other Forms 4 filed by the reporting person after October 2, 2017.
F2: The accounts track common shares on a one-for-one basis.
F3: Prior to October 1, 2014, the account balances related to the theoretical Company common share investment option could be immediately transferred to other investment options under the terms of the deferred compensation plan.
F4: The Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "Plan"), provides 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 employment with the Company.