B. Andrew Rose - Jun 24, 2022 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
President & CEO
Signature
/s/B. Andrew Rose by Patrick J. Kennedy, as attorney-in-fact
Stock symbol
WOR
Transactions as of
Jun 24, 2022
Transactions value $
-$253,652
Form type
4
Date filed
6/28/2022, 02:56 PM
Previous filing
Jul 2, 2021
Next filing
Jul 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +27.2K +4.19% $0.00 676K Jun 24, 2022 Direct F1
transaction WOR Common Shares Tax liability -$254K -5.44K -0.81% $46.61 670K Jun 27, 2022 Direct F2
holding WOR Common Shares 1.19K Jun 24, 2022 By Spouse
holding WOR Common Shares 10.7K Jun 24, 2022 Custodian for daughter, Sydney Rose
holding WOR Common Shares 10.7K Jun 24, 2022 by Hannah Rose, daughter 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 +25.4K $0.00 25.4K Jun 24, 2022 Common Shares 25.4K $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 Includes 10,665 common shares previously held by the reporting person indirectly as custodian for his daughter, which were transferred to the reporting person's daughter on June 24, 2021.
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.