Bradley Lee Soultz - Sep 6, 2024 Form 4 Insider Report for WillScot Holdings Corp (WSC)

Role
Chief Executive Officer, Director
Signature
/s/ Hezron T. Lopez as Attorney-in-Fac
Stock symbol
WSC
Transactions as of
Sep 6, 2024
Transactions value $
-$700,700
Form type
4
Date filed
9/10/2024, 07:54 PM
Previous filing
Jul 5, 2024
Next filing
Sep 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSC Common Stock Options Exercise $0 +38.7K +31.5% $0.00 161K Sep 6, 2024 Direct F1
transaction WSC Common Stock Tax liability -$657K -18.1K -11.22% $36.27 143K Sep 6, 2024 Direct
transaction WSC Common Stock Options Exercise $0 +2.56K +1.78% $0.00 146K Sep 6, 2024 Direct F2
transaction WSC Common Stock Tax liability -$43.5K -1.2K -0.82% $36.27 145K Sep 6, 2024 Direct
holding WSC Common Stock 389K Sep 6, 2024 By Bradley L. Soultz Irrevocable Trust
holding WSC Common Stock 159K Sep 6, 2024 By Ellen M. Soultz Irrevocable Trust
holding WSC Common Stock 17.5K Sep 6, 2024 By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WSC Performance Stock Units Options Exercise $0 +38.7K +7.9% $0.00 528K Sep 6, 2024 Common Stock 38.7K Direct F1, F3
transaction WSC Restricted Stock Units Options Exercise $0 +2.56K +3.22% $0.00 82.1K Sep 6, 2024 Common Stock 2.56K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted stock unit ("PSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share, or its cash equivalent.
F2 Each time-based restricted stock unit ("RSU") represents a contingent right to receive upon vesting one share of common stock of the Issuer, par value $0.0001 per share, or its cash equivalent.
F3 The Reporting Person was granted PSUs pursuant to a Performance-Based Restrictive Stock Unit Agreement, by and between the Reporting Person and the Issuer, dated as of September 7, 2021 (the "Performance-Based RSU Agreement"). A portion of the PSUs vested on September 6, 2024 based on the achievement of the relative total stockholder return ("TSR") of the Issuer's common stock as compared to the TSR of the constituents of the S&P Mid Cap 400 Index at the grant date over a specified measurement period, subject to the terms and conditions of the WillScot Mobile Mini Holdings Corp. 2020 Incentive Award Plan (the "Plan") and the Performance-Based RSU Agreement.
F4 On September 7, 2021, pursuant to the Amended and Restated Employment Agreement, by and between the Issuer and the Reporting Person dated as of September 7, 2021, the Reporting Person was granted 10,232 RSUs which vest in three equal installments on each of the first three anniversaries of the grant date, subject to the terms and conditions of the Plan and the Restricted Stock Unit Agreement entered into by and between the Reporting Person and the Issuer.