Joseph B. Hayek - 24 Jun 2022 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
VP and CFO
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Joseph B. Hayek
Issuer symbol
WOR
Transactions as of
24 Jun 2022
Transactions value $
-$114,148
Form type
4
Filing time
28 Jun 2022, 14:54:31 UTC
Previous filing
21 Jun 2022
Next filing
05 Jul 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +8.2K +6.22% $0.00 140K 24 Jun 2022 Direct F1
transaction WOR Common Shares Tax liability -$114K -2.45K -1.75% $46.61 138K 27 Jun 2022 Direct F2
holding WOR Common Shares 2K 24 Jun 2022 By IRA (M-L)
holding WOR Common Shares 1.56K 24 Jun 2022 By IRA (Vanguard) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WOR Non-qualified stock option (right to buy) Award $0 +7.7K $0.00 7.7K 24 Jun 2022 Common Shares 7.7K $46.39 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 of the grant date (6/24/2025).
F2 Represents shares withheld in order to satisfy the reporting person's tax withholding obligation upon such vesting.
F3 The amount reported includes additional common shares acquired pursuant to the dividend reinvestment feature of the IRA as reported in the plan statement dated March 31, 2022.
F4 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 6/24/2024 and 6/24/2025. The last day to exercise out of this option grant is 6/24/2032.