| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | WOR | Common Shares | Award | $0 | +3K | +3.77% | $0.00 | 82.5K | Jun 30, 2023 | Direct | F1 |
| transaction | WOR | Common Shares | Award | $0 | +6.08K | +7.37% | $0.00 | 88.6K | Jul 3, 2023 | Direct | F2 |
| transaction | WOR | Common Shares | Tax liability | -$192K | -2.76K | -3.11% | $69.56 | 85.9K | Jul 3, 2023 | Direct | F3 |
| holding | WOR | Common Shares | 7.58K | Jun 30, 2023 | by 401(k) | F4 |
| 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) | Award | $0 | +2.6K | $0.00 | 2.6K | Jun 30, 2023 | Common Shares | 2.6K | $69.47 | Direct | F5 | |
| holding | WOR | Phantom Stock Acquired Under Deferred Compensation Plan | 4.95K | Jun 30, 2023 | Common Shares | 46 | Direct | F6, F7, F8 |
| Id | Content |
|---|---|
| F1 | An award of restricted stock was granted pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/30/2026). |
| F2 | A long-term performance share award was granted on June 25, 2020 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, 2023. On June 27, 2023, 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, 2023. |
| F3 | Represents shares withheld in order to satisfy the reporting person's tax withholding obligation upon such vesting. |
| F4 | 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 dated as of June 30, 2023. |
| F5 | 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 will vest. Additional portions of 33.33% of the option vest annually on 6/30/2025 and 6/30/2026. |
| F6 | The account under the 2005 NQ Plan (defined in the footnote immediately below) tracks common shares on a one-for-one basis. |
| F7 | 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. |
| F8 | The amount shown reflects additional unfunded theoretical Worthington Industries, Inc. common shares (i.e. phantom stock) credited pursuant to the dividend reinvestment feature of the 2005 NQ Plan. |