Key facts
- This page summarizes Peter Karmanos Jr.'s Form 4 filing for WORTHINGTON INDUSTRIES INC (WOR).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 03 Oct 2022, 12:01.
Peter Karmanos Jr. - 30 Sep 2022 Form 4 Insider Report for WORTHINGTON INDUSTRIES INC (WOR)
- Reporting relationship
- Director
- Issuer ticker
- WOR
- Reported as of
- 30 Sep 2022
- Net transaction value
- +$109,996
- SEC form
- 4
- Accepted by SEC
- 03 Oct 2022, 12:01:39 UTC
- Prior SEC filing
- 30 Sep 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/Patrick J. Kennedy, as attorney-in-fact for Peter Karmanos, Jr.
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Peter Karmanos Jr. filed Form 4 for WORTHINGTON INDUSTRIES INC (WOR) on 03 Oct 2022.
Change
- Previous filing in this sequence was filed on 30 Sep 2022.
- Current net transaction value: +$109,996.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
WOR
holding
Common Shares
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 80,740
- Date
- 30 Sep 2022
- Ownership
- Direct
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
WOR
transaction
Derivative
Phantom Shares
Award
- Transaction value
- $109,996
- Shares
- +2,884
- Change %
- +2.7%
- Price
- $38.14
- Shares after
- 108,520
- Date
- 30 Sep 2022
- Ownership
- Direct
- Underlying class
- Common Shares
- Underlying amount
- 2,884
- Exercise price
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
The theoretical common shares (phantom stock) credited to the reporting person's account in the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "2005 Director Deferred Compensation Plan") track Common Shares of Worthington Industries, Inc. (the "Company") on a one-for-one basis.
Footnote F2
Prior to October 1, 2014, the account balances related to theoretical common shares could be immediately transferred to other investment options under the terms of the deferred compensation plan in which the reporting person participates. See footnote following.
Footnote F3
The Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan for Directors, as amended (the "Plan"), provides that effective October 1, 2014 and thereafter any amount credited in a participant's account to the phantom stock fund (i.e. theoretical common shares deemed investment option) may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon the leaving the Board of Directors of Worthington Industries, Inc.
Footnote F4
The amount shown reflects additional theoretical common shares (i.e. phantom stock) which were credited pursuant to the dividend reinvestment feature of the Plan since the date on which the amount of theoretical common shares credited pursuant to dividend reinvestment under the Plan was last updated in the reporting person's Form 4 filed October 4, 2021.