SEC Form 4 · accession 0001209191-16-143210
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Blystone
Director
Period of report
Sep 28, 2016
Accepted (ET)
Sep 30, 2016 · 10:36 am EDT
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 | Sep 28, 2016 | M | 14,625 | $13.90 | A | 110,198 | D | |
| Common Shares | Sep 28, 2016 | F | 4,335 | $46.89 | D | 105,863 | D | |
| Common Shares | Sep 28, 2016 | M | 14,625 | $15.03 | A | 120,488 | D | |
| Common Shares | Sep 28, 2016 | F | 4,687 | $46.89 | D | 115,801 | D | |
| Common SharesF1 | Sep 29, 2016 | A | 3,000 | $0.00 | A | 118,801 | 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 acquire)F2 | $13.90 | Sep 28, 2016 | M | 14,625 | D | Sep 30, 2010 | Sep 30, 2019 | common shares | 14,625 | 0 | D |
| Non-qualified stock option (right to acquire)F3 | $15.03 | Sep 28, 2016 | M | 14,625 | D | Sep 30, 2011 | Sep 30, 2020 | common shares | 14,625 | 0 | D |
Explanation of responses
- F1An award of restricted stock was granted pursuant to the Worthington Industries, Inc. Amended and Restated 2006 Equity Incentive Plan for Non-Employee Directors. The restricted stock will vest on the earlier to occur of (1) the first anniversary of the grant date (September 29, 2017); or (2) the date on which the next Annual Meeting of Shareholders of Worthington Industries, Inc. is held, unless a previous deferral election has been made.
- F2This non-qualified stock option was granted pursuant to 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 (September 30, 2010) or (ii) the date of the next Annual Meeting of Shareholders of Worthington Industries, Inc. following the grant date.
- F3This non-qualified stock option was granted pursuant to 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 (September 30, 2011) or (ii) the date of the next Annual Meeting of Shareholders of Worthington Industries, Inc. following the grant date.