Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | WOR | Common Shares | Award | $0 | +25.7K | +3.83% | $0.00 | 696K | Jul 1, 2022 | Direct | F1 |
transaction | WOR | Common Shares | Tax liability | -$512K | -11.6K | -1.67% | $44.02 | 684K | Jul 1, 2022 | Direct | F2 |
holding | WOR | Common Shares | 1.19K | Jul 1, 2022 | By Spouse | ||||||
holding | WOR | Common Shares | 10.7K | Jul 1, 2022 | Custodian for daughter, Sydney Rose | ||||||
holding | WOR | Common Shares | 10.7K | Jul 1, 2022 | by Hannah Rose, daughter | F3 |
Id | Content |
---|---|
F1 | A long-term performance share award was granted on June 27, 2019 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended May 31, 2022. On June 21, 2022, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three-year period ended May 31, 2022. |
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. |