0001209191-19-040907.txt : 20190703
0001209191-19-040907.hdr.sgml : 20190703
20190703143936
ACCESSION NUMBER: 0001209191-19-040907
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190701
FILED AS OF DATE: 20190703
DATE AS OF CHANGE: 20190703
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HAYEK JOSEPH B
CENTRAL INDEX KEY: 0001429897
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08399
FILM NUMBER: 19941489
MAIL ADDRESS:
STREET 1: 200 OLD WILSON BRIDGE ROAD
CITY: COLUMBUS
STATE: OH
ZIP: 43085
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WORTHINGTON INDUSTRIES INC
CENTRAL INDEX KEY: 0000108516
STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310]
IRS NUMBER: 311189815
STATE OF INCORPORATION: OH
FISCAL YEAR END: 0531
BUSINESS ADDRESS:
STREET 1: 200 OLD WILSON BRIDGE ROAD
CITY: COLUMBUS
STATE: OH
ZIP: 43085
BUSINESS PHONE: 6144383210
MAIL ADDRESS:
STREET 1: 200 OLD WILSON BRIDGE ROAD
CITY: COLUMBUS
STATE: OH
ZIP: 43085
FORMER COMPANY:
FORMER CONFORMED NAME: WORTHINGTON STEEL CO
DATE OF NAME CHANGE: 19720123
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-07-01
0
0000108516
WORTHINGTON INDUSTRIES INC
WOR
0001429897
HAYEK JOSEPH B
200 OLD WILSON BRIDGE ROAD
COLUMBUS
OH
43085
0
1
0
0
VP and CFO
Common Shares
2019-07-01
4
F
0
610
40.29
D
19690
D
Common Shares
2019-07-01
4
A
0
501
0.00
A
20191
D
Common Shares
2019-07-01
4
F
0
236
40.29
D
19955
D
Common Shares
2000
I
By IRA
Phantom Stock Under Deferred Compensation Plan
2019-07-02
4
A
0
99
40.23
A
Common Shares
99
1051
D
Represents shares withheld in order to satisfy the reporting person's tax withholding obligation upon such vesting.
A long-term performance share award was granted on July 13, 2016 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 1, 2019. On June 25, 2019, 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, 2019.
The account under the 2005 NQ Plan tracks common shares on a one-for-one basis.
Prior to October 1, 2014, the account balances related to the theoretical Worthington Industries, Inc. common share deemed investment option could be immediately transferred to other investment options under the terms of the Worthington Industries, Inc. Amended and Restated 2005 Deferred Compensation Plan, as amended (the "2005 NQ Plan").
The 2005 NQ 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 Worthington Industries, Inc. common shares deemed investment option) may not be transferred to an alternative deemed investment option under the 2005 NQ Plan until distribution from the 2005 NQ Plan. Distributions are made only in common shares of Worthington Industries, Inc. and generally commence upon a person's leaving employment with Worthington Industries, Inc.
/s/Dale T. Brinkman, as attorney-in-fact for Joseph B. Hayek
2019-07-03