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WORTHINGTON ENTERPRISES, INC. — Director's Dealing 2020
Mar 30, 2020
31320_dirs_2020-03-30_55ffa7be-2394-4dd3-92bb-325287de2ecd.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: 2020-03-26
Reporting Person: HAYEK JOSEPH B (VP and CFO)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-03-26 | Phantom Stock Acquired Under Deferred Compensation Plan | $ | A | 99 | Acquired | Common Shares (99) | Direct | |
| 2020-03-27 | Phantom Stock Acquired Under Deferred Compensation Plan | $ | A | 3 | Acquired | Common Shares (3) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Shares | 118315 | Direct |
| Common Shares | 2000 | Indirect |
Footnotes
F1: The account under the 2005 NQ Plan tracks common shares on a one-for-one basis.
F2: The Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "Plan"), 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.
F3: Prior to October 1, 2014, the account balances related to theoretical common shares could be immediately transferred to other investment options under the terms of the deferred compensation plan in which the reporting person participates.
F4: The amount reported represents an additional unfunded theoretical common shares (i.e., phantom stock) credited pursuant to the dividend reinvestment feature of the Worthington Industries, Inc.'s Deferred Compensation Plans.