Richard G. Welch - 25 Jun 2021 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
Controller
Signature
/s/Patrick J. Kennedy, as attorney-in fact for Richard G. Welch
Issuer symbol
WOR
Transactions as of
25 Jun 2021
Net transactions value
-$33,577
Form type
4
Filing time
29 Jun 2021, 15:25:57 UTC
Next filing
02 Jul 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +900 +3.7% $0.000000 25,106 25 Jun 2021 Direct F1
transaction WOR Common Shares Tax liability $33,577 -563 -2.2% $59.64 24,543 28 Jun 2021 Direct F2

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 +800 $0.000000 800 25 Jun 2021 Common Shares 800 $60.19 Direct F3
* 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 (June 25, 2024).
F2 Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
F3 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 6/25/2022 and 6/25/2023.