Patricia Q. Olsem - Oct 3, 2024 Form 4 Insider Report for WD 40 CO (WDFC)

Signature
Ann T. Nguyen, attorney-in-fact for Patricia Q. Olsem
Stock symbol
WDFC
Transactions as of
Oct 3, 2024
Transactions value $
$0
Form type
4
Date filed
10/7/2024, 04:20 PM
Previous filing
Oct 26, 2023
Next filing
Oct 24, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDFC Common Stock Award +765 +15.8% 5.61K Oct 3, 2024 By Trust F1, F2, F3
transaction WDFC Common Stock Award +912 +145.22% 1.54K Oct 3, 2024 Direct F4
transaction WDFC Common Stock Award +164 +10.65% 1.7K Oct 3, 2024 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units (RSUs) under the WD-40 Company 2016 Stock Incentive Plan, as amended and restated effective December 12, 2023. Except as otherwise provided in the RSU award agreement, the RSUs vest annually over 3 years.
F2 Total includes 2,693 unvested RSUs.
F3 Under the 2007 Olsem Family Trust, Reporting Person shares voting power and investment discretion with her spouse.
F4 Represents the vesting of market share units (MSUs) upon certification of market performance achieved. The 3-year performance cliff vesting MSUs were granted on October 12, 2021 under the WD-40 Company 2016 Stock Incentive Plan and will be settled with Issuer's Common Stock on the date provided for in the MSU award agreement.
F5 Represents the vesting of performance stock units (PSUs) upon certification of fiscal year 2024 performance achieved. The PSUs were granted on October 5, 2023 under the WD-40 Company 2016 Stock Incentive Plan and will be settled with Issuer's restricted Common Stock on the date provided for in the PSU award agreement. Reporting Person may not sell such restricted stock before termination of employment.
F6 Total composed of: (i) 912 shares of Common Stock to be received upon settlement of MSUs, (iii) 703 shares of restricted Common Stock received or to be received upon settlement of PSUs, and (iii) 89 vested deferred performance units or DPUs, which are Common Stock equivalents.