Timothy D. Boswell - Nov 15, 2024 Form 4 Insider Report for WillScot Holdings Corp (WSC)

Signature
/s/ Hezron T. Lopez as Attorney-in-Fact
Stock symbol
WSC
Transactions as of
Nov 15, 2024
Transactions value $
$171,319
Form type
4
Date filed
11/19/2024, 05:27 PM
Previous filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSC Common Stock Purchase $171K +5K $34.26 5K Nov 15, 2024 Direct F1
holding WSC Common Stock 272K Nov 15, 2024 By EAB Irrevocable Trust F2

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
holding WSC Restricted Stock Units 31.8K Nov 15, 2024 Common Stock 31.8K Direct F3, F4
holding WSC Performance Stock Units 329K Nov 15, 2024 Common Stock 329K Direct F5, F6
holding WSC Stock Options (right to buy) 126K Nov 15, 2024 Common Stock 126K $13.60 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $34.1695 to $34.3600. The Reporting Person undertakes to provide to WillScot Holdings Corporation, any security holder of WillScot Holdings Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range in this footnote (1) to this Form 4.
F2 The Reporting Person made a transfer to an irrevocable trust, of which immediate family members of the Reporting Person are the sole trustees. The transfer was exempt from reporting pursuant to Rule 16a-13.
F3 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.
F4 The Reporting Person was granted RSUs which vest annually in four equal installments on each of the first four anniversaries of the grant date (grant dates were previously reported), subject to the terms and conditions of the previously disclosed WillScot Holdings Corporation 2020 (the "Plan") Incentive Award Plan and the Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
F5 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.
F6 The Reporting Person was granted a target number of PSUs which vest 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 Russell 3000 Index at the grant date (grant dates were previously reported) over the performance of three years subject to the terms and conditions of the Plan and the Performance-Based Restricted Stock Unit Agreement entered into between the Issuer and the Reporting Person.
F7 The stock options (the "Options"), reported on this Form 4, represent the right upon vesting to buy shares of Class A Common Stock pursuant to the terms and conditions of the Plan and the Nonqualified Stock Option Award Agreement entered into between the Issuer and the Reporting Person as of March 20, 2018 (the "Award Agreement"). The Options vested in equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the Plan and Award Agreement.