SEC Form 4 · accession 0001209191-16-152389
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Andrew Rose
Officer — CFO
Period of report
Nov 29, 2016
Accepted (ET)
Nov 30, 2016 · 10:05 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 | Nov 29, 2016 | M | 15,000 | $11.81 | A | 448,685 | D | |
| Common Shares | Nov 29, 2016 | F | 8,967 | $57.72 | D | 439,718 | D | |
| Common Shares | Nov 29, 2016 | M | 40,000 | $13.25 | A | 479,718 | D | |
| Common Shares | Nov 29, 2016 | F | 24,421 | $57.72 | D | 455,297 | D | |
| Common Shares | Nov 29, 2016 | M | 40,000 | $12.05 | A | 495,297 | D | |
| Common Shares | Nov 29, 2016 | F | 24,000 | $57.72 | D | 471,297 | D | |
| Common Shares | holding | — | — | — | 1,187 | I | By spouse | |
| Common Shares | holding | — | — | — | 10,665 | I | Custodian for daughter, Sydney Rose | |
| Common Shares | holding | — | — | — | 10,665 | I | Custodian for daughter, Hannah Rose |
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,F2 | $11.81 | Nov 29, 2016 | M | 15,000 | D | Dec 1, 2009 | Dec 1, 2018 | common shares | 15,000 | 0 | D |
| Non-qualified stock option (right to buy)F3 | $13.25 | Nov 29, 2016 | M | 40,000 | D | Jul 16, 2010 | Jul 16, 2019 | common shares | 40,000 | 0 | D |
| Non-qualified stock option (right to buy)F4 | $12.05 | Nov 29, 2016 | M | 40,000 | D | Jul 2, 2011 | Jul 2, 2020 | common shares | 40,000 | 0 | D |
Explanation of responses
- F1This 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 6/26/17 and 6/26/18.
- F2This option was granted out of the Worthington Industries, Inc. Amended and Restated 2003 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date (12/01/08). Date listed is the first day any portion of the option vests.
- F3This option was granted out of the Worthington Industries, Inc. Amended and Restated 2003 Stock Option Plan and vests at 20% per year beginning on the first anniversary of the grant date (07/16/2009). Date listed is the first day any portion of the option vests.
- F4This non-qualified stock option was granted under the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan and vests at 20% per year beginning on the first anniversary of the grant date. Date listed is date on which the first 20% portion of the option will vest. Additional portions of 20% of the option vest annually on each of 07/02/2012, 07/02/2013, 07/02/2014, and 07/02/2015.