Jeffrey R. Klingler - 06 Jul 2023 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role: President, Worthington Steel
Signature: /s/Patrick J. Kennedy, as attorney-in-fact for Jeffrey R. Klingler
Issuer symbol: WOR
Transactions as of: 06 Jul 2023
Net transactions value: -$331,433
Form type: 4
Filing time: 07 Jul 2023, 10:47:38 UTC
Previous filing: 05 Jul 2023
Next filing: 16 Nov 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	$251,124	+6,800	+17%	$36.93	46,840	06 Jul 2023	Direct
transaction	WOR	Common Shares	Options Exercise	$128,445	+2,134	+4.6%	$60.19	48,974	06 Jul 2023	Direct
transaction	WOR	Common Shares	Options Exercise	$74,224	+1,600	+3.3%	$46.39	50,574	06 Jul 2023	Direct
transaction	WOR	Common Shares	Options Exercise	$12,873	+300	+0.59%	$42.91	50,874	06 Jul 2023	Direct
transaction	WOR	Common Shares	Options Exercise	$98,559	+2,533	+5%	$38.91	53,407	06 Jul 2023	Direct
transaction	WOR	Common Shares	Sale	$896,658	-13,367	-25%	$67.08	40,040	06 Jul 2023	Direct	F1
holding	WOR	Common Shares						4,600	06 Jul 2023	by IRA
holding	WOR	Common Shares						1	06 Jul 2023	by 401(k) Plan	F2

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	-6,800	-100%	$0.000000^*	0	06 Jul 2023	Common Shares	6,800	$36.93	Direct	F3
transaction	WOR	Non-qualified stock option (right to buy)	Options Exercise	$0	-2,134	-67%	$0.000000	1,066	06 Jul 2023	Common Shares	2,134	$60.19	Direct	F4
transaction	WOR	Non-qualified stock option (right to buy)	Options Exercise	$0	-1,600	-33%	$0.000000	3,200	06 Jul 2023	Common Shares	1,600	$46.39	Direct	F5
transaction	WOR	Non-qualified stock option (right to buy)	Options Exercise	$0	-300	-100%	$0.000000^*	0	06 Jul 2023	Common Shares	300	$42.91	Direct	F6
transaction	WOR	Non-qualified stock option (right to buy)	Options Exercise	$0	-2,533	-100%	$0.000000^*	0	06 Jul 2023	Common Shares	2,533	$38.91	Direct	F7

* 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 $66.66 to $67.28, inclusive. The reporting person undertakes to provide to Worthington Industries, Inc. (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 June 30, 2023.
F3	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 6/25/2022 and 6/25/2023.
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 6/25/2023 and will vest 6/25/2024.
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 will vest annually on 6/24/2024 and 6/24/2025.
F6	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 vested annually on 6/28/2020 and 6/28/2021.
F7	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 vested annually on 6/27/2021 and 6/27/2022.