Geoffrey G. Gilmore - Jul 26, 2023 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)

Role
EVP & Chief Operating Officer
Signature
/s/Patrick J. Kennedy, as attorney-in-fact for Geoffrey G. Gilmore
Stock symbol
WOR
Transactions as of
Jul 26, 2023
Transactions value $
-$1,360,138
Form type
4
Date filed
7/27/2023, 02:25 PM
Previous filing
Jul 5, 2023
Next filing
Sep 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WOR Common Shares Options Exercise $130K +3.33K +1.82% $38.91 186K Jul 26, 2023 Direct
transaction WOR Common Shares Options Exercise $510K +13.8K +7.42% $36.93 200K Jul 26, 2023 Direct
transaction WOR Common Shares Options Exercise $249K +4.13K +2.07% $60.19 204K Jul 26, 2023 Direct
transaction WOR Common Shares Options Exercise $138K +2.97K +1.45% $46.39 207K Jul 26, 2023 Direct
transaction WOR Common Shares Sale -$1.78M -24.2K -11.71% $73.56 183K Jul 26, 2023 Direct F1
transaction WOR Common Shares Sale -$603K -8.21K -4.49% $73.48 174K Jul 26, 2023 Direct F1

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 -3.33K -100% $0.00* 0 Jul 26, 2023 Common Shares 3.33K $38.91 Direct F2
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -13.8K -100% $0.00* 0 Jul 26, 2023 Common Shares 13.8K $36.93 Direct F3
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -4.13K -66.68% $0.00 2.07K Jul 26, 2023 Common Shares 4.13K $60.19 Direct F4
transaction WOR Non-qualified stock option (right to buy) Options Exercise $0 -2.97K -33.34% $0.00 5.93K Jul 26, 2023 Common Shares 2.97K $46.39 Direct F5
* 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. 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 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 6/27/2021 and 6/27/2022.
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 will vest. 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 on 6/25/2023 and will vest on 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 vested. Additional portions of 33.33% of the option will vest annually on 6/24/2024 and 6/24/2025.