Jeffrey R. Klingler - Jul 6, 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
Stock symbol
WOR
Transactions as of
Jul 6, 2023
Transactions value $
-$331,433
Form type
4
Date filed
7/7/2023, 10:47 AM
Previous filing
Jul 5, 2023
Next filing
Nov 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Options Exercise $251K +6.8K +16.98% $36.93 46.8K Jul 6, 2023 Direct
transaction WOR Common Shares Options Exercise $128K +2.13K +4.56% $60.19 49K Jul 6, 2023 Direct
transaction WOR Common Shares Options Exercise $74.2K +1.6K +3.27% $46.39 50.6K Jul 6, 2023 Direct
transaction WOR Common Shares Options Exercise $12.9K +300 +0.59% $42.91 50.9K Jul 6, 2023 Direct
transaction WOR Common Shares Options Exercise $98.6K +2.53K +4.98% $38.91 53.4K Jul 6, 2023 Direct
transaction WOR Common Shares Sale -$897K -13.4K -25.03% $67.08 40K Jul 6, 2023 Direct F1
holding WOR Common Shares 4.6K Jul 6, 2023 by IRA
holding WOR Common Shares 1.21 Jul 6, 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 -6.8K -100% $0.00* 0 Jul 6, 2023 Common Shares 6.8K $36.93 Direct F3
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -2.13K -66.69% $0.00 1.07K Jul 6, 2023 Common Shares 2.13K $60.19 Direct F4
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -1.6K -33.33% $0.00 3.2K Jul 6, 2023 Common Shares 1.6K $46.39 Direct F5
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -300 -100% $0.00* 0 Jul 6, 2023 Common Shares 300 $42.91 Direct F6
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -2.53K -100% $0.00* 0 Jul 6, 2023 Common Shares 2.53K $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.