John P. Mcconnell - May 9, 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
Stock symbol
WOR
Transactions as of
May 9, 2023
Transactions value $
-$438,770
Form type
4
Date filed
5/10/2023, 09:52 AM
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 Options Exercise $539K +17K +1.27% $31.71 1.36M May 9, 2023 Direct
transaction WOR Common Shares Sale -$978K -17K -1.25% $57.52 1.34M May 9, 2023 Direct F1
holding WOR Common Shares 12.4M May 9, 2023 By JMAC, Inc.
holding WOR Common Shares 2.43M May 9, 2023 By the Porter Rardin Trust f/b/o John P. McConnell and Margaret Kollis
holding WOR Common Shares 8.17K May 9, 2023 As custodian for his son, C.R.McConnell
holding WOR Common Shares 7.34K May 9, 2023 By Spouse, Amy McConnell, as custodian for her son, Luke A. Edmonds
holding WOR Common Shares 118K May 9, 2023 By The McConnell Family Trust
holding WOR Common Shares 256K May 9, 2023 By The Margaret R. McConnell Trust f/b/o Margaret Kollis
holding WOR Common Shares 25.2K May 9, 2023 By the Worthington Industries, Inc. Deferred Profit Sharing Plan F2
holding WOR Common Shares 44.3K May 9, 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 -17K -100% $0.00* 0 May 9, 2023 Common Shares 17K $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.