Steven R. Witt - 24 Jun 2022 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
Controller
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Steven R. Witt
Issuer symbol
WOR
Transactions as of
24 Jun 2022
Net transactions value
-$29,877
Form type
4
Filing time
28 Jun 2022, 14:53:23 UTC
Previous filing
12 Apr 2022
Next filing
05 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +1,200 +16% $0.000000 8,800 24 Jun 2022 Direct F1
transaction WOR Common Shares Tax liability $29,877 -641 -7.3% $46.61 8,159 27 Jun 2022 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 +1,300 $0.000000 1,300 24 Jun 2022 Common Shares 1,300 $46.39 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 of the grant date (6/24/2025).
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 6/24/2024 and 6/24/2025.