SEC Form 4 · accession 0001209191-18-041474
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
Jul 2, 2018
Accepted (ET)
Jul 5, 2018 · 2:24 pm 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 SharesF1 | Jul 2, 2018 | A | 18,700 | $0.00 | A | 1,794,172 | D | |
| Common SharesF2 | Jul 2, 2018 | F | 8,948 | $42.85 | D | 1,785,224 | D | |
| Common Shares | holding | — | — | — | 12,415,982 | I | By JMAC, Inc. | |
| Common Shares | holding | — | — | — | 2,428,312 | I | By the Porter Rardin Trust f/b/o John P. McConnell and Margaret Kollis | |
| Common Shares | holding | — | — | — | 6,948 | I | As custodian for his son, C.R.McConnell | |
| Common Shares | holding | — | — | — | 6,118 | 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 Shares | holding | — | — | — | 255,875 | I | By The Margaret R. McConnell Trust f/b/o Margaret Kollis | |
| Common SharesF3 | holding | — | — | — | 25,240 | I | By the Worthington Industries, Inc. Deferred Profit Sharing Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1A long-term performance share award was granted on June 1, 2015 pursuant to the Worthington Industries, Inc. Amended and Restated 1997 Long-Term Incentive Plan. Common Shares were to be earned based on the level of achievement of specified performance objectives over the three-year period ended July 2, 2018. On June 26, 2018, the Compensation Committee of the Company's Board of Directors met and approved the payout of the reported common shares based on the performance of the Company for the three year period ended May 31, 2018.
- F2Represents shares withheld upon the vesting of restricted stock in order to satisfy the reporting person's tax withholding obligation upon such vesting.
- F3Amount listed is the most up-to-date information available regarding holdings in the Company Stock Fund under the Worthington Industries, Inc. Deferred Profit Sharing Plan Fund and is based on a plan statement as of 6/30/2018.