Eric M. Smolenski - Jul 12, 2023 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
President-Worthington Cylinder
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Eric M. Smolenski
Stock symbol
WOR
Transactions as of
Jul 12, 2023
Transactions value $
-$195,980
Form type
4
Date filed
7/13/2023, 02:46 PM
Previous filing
Jul 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Options Exercise $86.1K +2K +2.33% $43.04 87.9K Jul 12, 2023 Direct
transaction WOR Common Shares Options Exercise $108K +3.5K +3.98% $30.92 91.4K Jul 12, 2023 Direct
transaction WOR Common Shares Sale -$390K -5.5K -6.02% $70.96 85.9K Jul 12, 2023 Direct F1
holding WOR Common Shares 7.58K Jul 12, 2023 by 401(k) 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 -2K -100% $0.00* 0 Jul 12, 2023 Common Shares 2K $43.04 Direct F3
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -3.5K -100% $0.00* 0 Jul 12, 2023 Common Shares 3.5K $30.92 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 $70.80 to $71.70, 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 dated 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 6/30/2016 and 6/30/2017.
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 6/26/2017 and 6/26/2018.