John H. McConnell II - Mar 10, 2023 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role: Director
Signature: /s/Patrick J. Kennedy, as attorney-in-fact for John H. McConnell II
Stock symbol: WOR
Transactions as of: Mar 10, 2023
Transactions value $: $11
Form type: 4
Date filed: 3/13/2023, 09:47 AM
Previous filing: Feb 28, 2023
Next filing: Mar 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	WOR	Common Shares						30.1K	Mar 10, 2023	Direct
holding	WOR	Common Shares						245	Mar 10, 2023	By Spouse

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	Phantom Stock Acquired Under Deferred Compensation Plan	Award	$11.20	+0.2	+2.24%	$56.10	9.12	Mar 10, 2023	Common Shares	0.2		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The account under the 2005 NQ Plan (as defined below) tracks Worthington Industries, Inc. common shares on a one-for-one basis.
F2	Prior to October 1, 2014, the account balances related to the theoretical Worthington Industries, Inc. common share deemed investment option could be immediately transferred to other deemed investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "2005 NQ Plan"). The 2005 NQ Plan provides that effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. the theoretical Worthington Industries, Inc. common share deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 NQ Plan until distribution from the 2005 NQ Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon leaving Worthington Industries, Inc. and its subsidiaries.

Content

The account under the 2005 NQ Plan (as defined below) tracks Worthington Industries, Inc. common shares on a one-for-one basis.

Prior to October 1, 2014, the account balances related to the theoretical Worthington Industries, Inc. common share deemed investment option could be immediately transferred to other deemed investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "2005 NQ Plan"). The 2005 NQ Plan provides that effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. the theoretical Worthington Industries, Inc. common share deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 NQ Plan until distribution from the 2005 NQ Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon leaving Worthington Industries, Inc. and its subsidiaries.