Sec Form 4 Filing - BALDWIN JOHN T @ WORTHINGTON INDUSTRIES INC - 2003-09-17

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
BALDWIN JOHN T
2. Issuer Name and Ticker or Trading Symbol
WORTHINGTON INDUSTRIES INC [ WOR]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
former VP-CFO (See Footnote)
(Last) (First) (Middle)
1205 DEARBORN DRIVE
3. Date of Earliest Transaction (MM/DD/YY)
09/17/2003
(Street)
COLUMBUS, OH43085-4769
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 09/17/2003( 1 ) M 7,000 A $ 9.3 36,100 D
Common Shares 1,600 I Custodial accts. for children
Common Shares 5,134( 2 ) I By 401(k) Plan
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Da te Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Purchase) $ 9.3 09/17/2003 M 7,000 03/30/2002( 3 ) 03/30/2011 Common Shares 7,000 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
BALDWIN JOHN T
1205 DEARBORN DRIVE
COLUMBUS, OH43085-4769
former VP-CFO (See Footnote)
Signatures
/s/John T. Baldwin 09/17/2003
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Footnote to Relationship of Reporting Person to Issuer:Mr. Baldwin was the former Vice President-Chief Financial Officer of the Company until September 4, 2003, his last day of work with the Company. He ceased being an executive officer of the Company on that day but his employment with the Company ran through September 17, 2003.
( 2 )Listed are the 9.16.03 equivalents held in the Plan Fund which invests in common shares of Issuer.
( 3 )This option was granted out of the 1997 LTIP and vests at 20% per year beginning 3-30-02. As of the last day of employment (9-17-03) the unvested portion of this option covering 21,000 common shares expired by its terms.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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