SEC Form 4/A · accession 0001209191-17-064995
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Mark A Russell
Officer — Pres/COO, Worthington Industri
Period of report
Sep 29, 2017
Accepted (ET)
Dec 11, 2017 · 4:19 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 | holding | — | — | — | 336,532 | D | ||
| Common SharesF1 | holding | — | — | — | 17,604 | I | By 401(K) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF2,F3,F4 | — | Sep 29, 2017 | A | 1,114 | A | — | — | Common Shares | 1,114 | 234,998 | D |
Explanation of responses
- F1Amount of Common Shares shown includes Common Shares credited on 9/29/2017 pursuant to the dividend reinvestment feature of the Company Stock fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan (the "401(k) Plan"), which fund invests in Common Shares of Worthington Industries, Inc. Common Shares attributable to reinvested dividends had been inadvertently omitted from the amount reported as being held through the 401(k) Plan in the reporting person's Form 4 dated and filed on October 2, 2017, and were also omitted from the amounts reported as being held through the 401(k) Plan in four other Forms 4 filed by the reporting person after October 2, 2017.
- F2The accounts track common shares on a one-for-one basis.
- F3Prior to October 1, 2014, the account balances related to the theoretical Company common share investment option could be immediately transferred to other investment options under the terms of the deferred compensation plan.
- F4The Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "Plan"), provides that effective October 1, 2014 and thereafter, any amount credited in a participant's account to the phantom stock fund (i.e. theoretical Company common shares deemed investment option) may not be transferred to an alternative deemed investment option under the Plan until distribution from the Plan. Distributions are made only in common shares of the Company and generally commence upon leaving employment with the Company.