SEC Form 4 · accession 0001209191-16-149276
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale T Brinkman
Officer — VP-Admin & Secretary
Period of report
Nov 9, 2016
Accepted (ET)
Nov 10, 2016 · 2:28 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 | Nov 9, 2016 | M | 18,000 | $12.05 | A | 81,493 | D | |
| Common Shares | Nov 9, 2016 | F | 11,006 | $52.05 | D | 70,487 | 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)F1 | $12.05 | Nov 9, 2016 | M | 18,000 | D | Jul 2, 2011 | Jul 2, 2020 | common shares | 18,000 | 0 | D |
Explanation of responses
- F1This non-qualified stock option was granted under the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Option Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is the date on which the first 20% portion of the option vested. Additional portions of 20% of the option vested annually on each of 07/02/2012, 07/02/2013, 07/02/2014 and 07/02/2015.