SEC Form 4 · accession 0001209191-16-095894
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew J Billman
Officer — Pres., Worthington Cylinders
Period of report
Feb 3, 2016
Accepted (ET)
Feb 5, 2016 · 11:43 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000108516
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common shares | Feb 3, 2016 | M | 3,000 | $20.80 | A | 67,666 | D | |
| Common shares | Feb 3, 2016 | S | 3,000 | $29.50 | D | 64,666 | D | |
| Common shares | Feb 3, 2016 | M | 2,500 | $13.39 | A | 67,166 | D | |
| Common shares | Feb 3, 2016 | S | 2,500 | $29.50 | D | 64,666 | D | |
| Common shares | Feb 3, 2016 | M | 10,000 | $12.05 | A | 74,666 | D | |
| Common shares | Feb 3, 2016 | S | 10,000 | $29.50 | D | 64,666 | D | |
| Common shares | Feb 3, 2016 | M | 6,500 | $23.10 | A | 71,166 | D | |
| Common shares | Feb 3, 2016 | S | 6,500 | $29.50 | D | 64,666 | D | |
| Common shares | Feb 3, 2016 | M | 13,500 | $14.84 | A | 78,166 | D | |
| Common shares | Feb 3, 2016 | S | 13,500 | $29.50 | D | 64,666 | D | |
| Common shares | Feb 3, 2016 | M | 27,500 | $20.47 | A | 92,166 | D | |
| Common shares | Feb 3, 2016 | S | 27,500 | $29.50 | D | 64,666 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (right to buy)F1 | $20.80 | Feb 3, 2016 | M | 3,000 | D | Dec 3, 2008 | Dec 3, 2017 | common shares | 3,000 | 0 | D |
| Non-qualified Stock Option (right to buy)F1 | $13.39 | Feb 3, 2016 | M | 2,500 | D | Oct 16, 2010 | Oct 16, 2019 | common shares | 2,500 | 0 | D |
| Non-qualified Stock Option (right to buy)F2 | $12.05 | Feb 3, 2016 | M | 10,000 | D | Jul 2, 2011 | Jul 2, 2020 | common shares | 10,000 | 0 | D |
| Non-qualified Stock Option (right to buy)F3 | $23.10 | Feb 3, 2016 | M | 6,500 | D | Jun 30, 2012 | Jun 30, 2021 | common shares | 6,500 | 0 | D |
| Non-qualified Stock Option (right to buy)F4 | $14.84 | Feb 3, 2016 | M | 13,500 | D | Sep 2, 2012 | Sep 2, 2021 | common shares | 13,500 | 0 | D |
| Non-qualified Stock Option (right to buy)F5 | $20.47 | Feb 3, 2016 | M | 27,500 | D | Jun 29, 2013 | Jun 29, 2022 | common shares | 27,500 | 0 | D |
Explanation of responses
- F1This non-qualified stock option was granted out of the Company's 2003 Stock Option Plan and vests at 20% per year. Date listed is the first day the options are available.
- F2This option was granted out of the Worthington Industries, Inc. 1997 Long-Term Incentive Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the first day any portion of the option vested.
- F3This 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 6/30/13 and 6/30/14.
- F4This 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 09/02/2013 and 9/02/2014.
- F5This 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 06/29/2014 and 6/29/2015