Jeffrey R. Klingler - Jul 1, 2022 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Jeffrey R. Klingler
Stock symbol
WOR
Transactions as of
Jul 1, 2022
Transactions value $
-$105,296
Form type
4
Date filed
7/5/2022, 01:56 PM
Previous filing
Jun 28, 2022
Next filing
Jun 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Award $0 +5.27K +12.22% $0.00 48.4K Jul 1, 2022 Direct F1
transaction WOR Common Shares Tax liability -$105K -2.39K -4.94% $44.02 46K Jul 1, 2022 Direct F2
holding WOR Common Shares 4.6K Jul 1, 2022 by IRA
holding WOR Common Shares 1 Jul 1, 2022 by 401(k) Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Amount listed is the most up-to-date information available regarding holdings in the Company Stock Fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan and is based on a Plan statement as of 6/30/2022.