SEC Form 4 · accession 0001209191-16-106095
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P/oh McConnell
Officer — Chairman/Chief Exec Officer · Director
Period of report
Mar 3, 2016
Accepted (ET)
Mar 4, 2016 · 4:25 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 3, 2016 | M | 130,000 | $18.17 | A | 1,708,034 | D | |
| Common SharesF1 | Mar 3, 2016 | F | 96,409 | $33.91 | D | 1,611,625 | D | |
| Common Shares | holding | — | — | — | 12,415,982 | I | By JMAC, Inc. | |
| Common SharesF2 | holding | — | — | — | 2,428,312 | I | By the Porter Rardin Trust f/b/o John P. McConnell and Margaret Kollis | |
| Common SharesF2 | holding | — | — | — | 6,151 | I | As custodian for his son, C.R.McConnell | |
| Common Shares | holding | — | — | — | 5,392 | I | By Spouse, Amy McConnell, as custodian for her son, Luke A. Edmonds | |
| Common Shares | holding | — | — | — | 118,000 | I | By The McConnell Family Trust | |
| Common SharesF3 | holding | — | — | — | 255,875 | I | By The Margaret R. McConnell Trust f/b/o Margaret Kollis | |
| Common Shares | holding | — | — | — | 24,755 | I | By the Worthington Industries, Inc. Deferred Profit Sharing Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Non-Qualified Stock Option (right to buy)F4 | $18.17 | Mar 3, 2016 | M | 130,000 | D | Jun 1, 2007 | Jun 1, 2016 | common shares | 130,000 | 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 and the related withholding taxes.
- F2The account is enrolled in the Issuer's dividend reinvestment plan and the amount listed includes the number of common shares reflected in the most up-to-date information available.
- F3Amount listed is the most up-to-date information available regarding holdings in the Worthington Industries, Inc. Deferred Profit Sharing Plan Fund which invests in common shares of the Issuer.
- F4This non-qualified stock option was granted out of the Worthington Industries, Inc. Amended and Restated 2003 Stock Option Plan and vested at 20% per year beginning on the first anniversary of the grant date, the date listed is the first day any portion of the option vested. This option was due to expire on June 1, 2016.