Form 4 for WOR WORTHINGTON ENTERPRISES, INC.
Accepted 2022-06-28 00:00:00 ET · period of report 2022-06-24 · accession 0001209191-22-039588 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-06-28 | 2022-06-24 | WOR | Caravati Steven M | Pres-Worthington Cylinder | A - Grant | $0.00 | +27.6K | 9,580 | New | $0 |
| D | 2022-06-28 | 2022-06-24 | WOR | Caravati Steven M | Pres-Worthington Cylinder | A - Grant | $0.00 | +2,400 | 2,400 | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2022-06-24 | A | A | 10,000 | $0.00 | 34,580 | D | — | — | (F2) An award of restricted shares was granted pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted shares will vest if (i) the common shares of Worthington Industries, Inc. attain an average closing price of at least $65.00 per common share for ninety consecutive days during the five-year period ending on the fifth anniversary of the grant date of the award (i.e. June 24, 2027) and (ii) the reporting person has continuously remained an employee of Worthington Industries, Inc. or one of its subsidiaries through the third anniversary of the grant date of the award (i.e. June 24, 2025). |
| 2 | Common | Common Shares | 2022-06-24 | A | A | 15,000 | $0.00 | 24,580 | D | — | — | (F1) An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/24/2025). |
| 3 | Common | Common Shares | 2022-06-24 | A | A | 2,600 | $0.00 | 9,580 | D | — | — | (F1) An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary of the grant date (6/24/2025). |
| 4 | Derivative | Nonqualified stock option (right to buy) | 2022-06-24 | A | A | 2,400 | $0.00 | 2,400 | D | $46.39 · 2023-06-24 to 2032-06-24 | 2,400 Common Shares | (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 vest annually on 6/24/2024 and 6/24/2025. |