SEC Form 4 · accession 0001209191-18-057082
WORTHINGTON ENTERPRISES, INC. · WOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph B Hayek
Officer — VP and CFO
Period of report
Nov 1, 2018
Accepted (ET)
Nov 5, 2018 · 11:55 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 SharesF1 | Nov 1, 2018 | A | 3,500 | $0.00 | A | 12,700 | D | |
| Common Shares | holding | — | — | — | 2,000 | I | By IRA |
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)F2 | $42.10 | Nov 1, 2018 | A | 4,200 | A | Nov 1, 2019 | Nov 1, 2028 | Common Shares | 4,200 | 4,200 | D |
Explanation of responses
- F1An award of restricted stock was granted pursuant to the Worthington Industries Inc. Amended and Restated 1997 Long-Term Incentive Plan. The restricted stock will vest on the third anniversary (i.e. 11/1/2021).
- F2This non-qualified stock option was granted pursuant to the Worthington Industries, Inc. 2010 Stock Option Plan and vests at 33.33% per year beginning on the first anniversary of the 11/1/2018 grant date. The date listed is the first date any portion of the option will vest.