| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WOR | Common Shares | Options Exercise | $176K | +8K | +13.67% | $22.06 | 66.5K | Apr 20, 2022 | Direct | |
| transaction | WOR | Common Shares | Sale | -$457K | -8K | -12.03% | $57.16 | 58.5K | Apr 20, 2022 | Direct | F1 |
| 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) | Options Exercise | $0 | -8K | -100% | $0.00* | 0 | Apr 20, 2022 | Common Shares | 8K | $22.06 | Direct | F2 |
| holding | WOR | Phantom stock acquired under Deferred Compensation Plan | 18.1K | Apr 20, 2022 | Common Shares | 1.22K | Direct | F3, F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | The price reported is a weighted average price. The reporting person undertakes to provide to Worthington Industries, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth. |
| F2 | This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2006 Equity Incentive Plan for Non-Employee Directors and became vested and fully exercisable on the date of the next Annual Meeting of Shareholders of Worthington Industries, Inc. following the grant date. |
| F3 | The theoretical common shares (phantom stock) credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "2005 Director Deferred Compensation Plan") track Common Shares of Worthington Industries, Inc. (the "Company") on a one-for-one basis. |
| F4 | Prior to October 1, 2014, the account balances related to the theoretical Worthington Industries, Inc. common shares deemed investment option could be immediately transferred to other deemed investment options under the terms of the deferred compensation Plan in which the reporting person participates. See footnote following. |
| F5 | The 2005 Director Deferred Compensation 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 common shares deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 Director Deferred Compensation Plan until distribution from the 2005 Director Deferred Compensation Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon the leaving the Board of Directors of Worthington Industries, Inc. |
| F6 | The amount shown reflects additional theoretical common shares (i.e., phantom stock) which were credited pursuant to the dividend reinvestment feature of the 2005 Director Deferred Compensation Plan since the date on which the amount of theoretical common shares credited pursuant to the dividend reinvestment feature under the 2005 Director Deferred Compensation Plan was last updated in the reporting person's Form 4 filed on April 18, 2019. |
Exhibit List: Exhibit 24 - Power of Attorney