John P. McConnell - 09 May 2023 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role: Executive Chairman, Director, 10%+ Owner
Signature: /s/John P. McConnell by Patrick J. Kennedy, as attorney-in-fact
Issuer symbol: WOR
Transactions as of: 09 May 2023
Net transactions value: -$438,770
Form type: 4
Filing time: 10 May 2023, 09:52:49 UTC
Previous filing: 28 Jun 2022
Next filing: 27 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WOR	Common Shares	Options Exercise	$539,070	+17,000	+1.3%	$31.71	1,355,633	09 May 2023	Direct
transaction	WOR	Common Shares	Sale	$977,840	-17,000	-1.3%	$57.52	1,338,633	09 May 2023	Direct	F1
holding	WOR	Common Shares						12,415,982	09 May 2023	By JMAC, Inc.
holding	WOR	Common Shares						2,428,312	09 May 2023	By the Porter Rardin Trust f/b/o John P. McConnell and Margaret Kollis
holding	WOR	Common Shares						8,173	09 May 2023	As custodian for his son, C.R.McConnell
holding	WOR	Common Shares						7,343	09 May 2023	By Spouse, Amy McConnell, as custodian for her son, Luke A. Edmonds
holding	WOR	Common Shares						118,000	09 May 2023	By The McConnell Family Trust
holding	WOR	Common Shares						255,875	09 May 2023	By The Margaret R. McConnell Trust f/b/o Margaret Kollis
holding	WOR	Common Shares						25,225	09 May 2023	By the Worthington Industries, Inc. Deferred Profit Sharing Plan	F2
holding	WOR	Common Shares						44,250	09 May 2023	By McConnell 2020 LAE Trust	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)	Options Exercise	$0	-17,000	-100%	$0.000000^*	0	09 May 2023	Common Shares	17,000	$31.71	Direct	F4

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

Explanation of Responses:

Id	Content
F1	The price reported is a weighted average price. These common shares were sold in multiple transactions at prices ranging from $57.18 to $57.92, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of common shares sold at each separate price within the ranges set forth.
F2	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 4/30/2023.
F3	These common shares are held in an irrevocable trust for the benefit of the son of the reporting person's spouse. The reporting person's spouse is the trustee of such irrevocable trust.
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 vested. Additional portions of 33.33% of the option vested annually on 6/28/2015 and 6/28/2016.