SEC Form 4 · accession 0001209191-16-105957
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sidney A Ribeau
Director
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 2:14 pm 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 | Mar 2, 2016 | M | 5,000 | $17.23 | A | 38,109 | D | |
| Common SharesF1 | Mar 2, 2016 | F | 2,590 | $33.25 | D | 35,519 | 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)F2,F3 | $17.23 | Mar 2, 2016 | M | 5,000 | D | Sep 27, 2007 | Sep 27, 2016 | common shares | 5,000 | 0 | D |
Explanation of responses
- F1The reported common shares were withheld from those which would have otherwise been issued upon exercise of the option, in order to pay the exercise price for the common shares acquired upon exercise of the option.
- F2This option was granted out of the Worthington Industries, Inc. 2006 Equity Incentive Plan For Non-Employee Directors and will become vested and fully exercisable on the first to occur: (i) the first anniversary of the Grant Date or (ii) the date of the Company's next Annual Meeting of Shareholders following the Grant Date.
- F3This option is expiring in 2016 - Date shown is the last day this option can be exercised.