Timothy D. Boswell - 03 Mar 2025 Form 4 Insider Report for WillScot Holdings Corp (WSC)

Signature
/s/ Hezron T. Lopez as Attorney-in-Fact
Issuer symbol
WSC
Transactions as of
03 Mar 2025
Net transactions value
-$68,378
Form type
4
Filing time
05 Mar 2025, 21:29:55 UTC
Previous filing
04 Mar 2025
Next filing
13 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSC Common stock Options Exercise +5,147 +20% 31,311 03 Mar 2025 Direct F1
transaction WSC Common stock Tax liability $68,378 -2,155 -6.9% $31.73 29,156 03 Mar 2025 Direct
holding WSC Common Stock 271,706 03 Mar 2025 By EAB Irrevocable Trust

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 Restricted Stock Units Options Exercise $0 -5,147 -12% $0.000000 36,154 03 Mar 2025 Common stock 5,147 Direct F1, F2
holding WSC Performance Stock Units 337,536 03 Mar 2025 Common Stock 337,536 Direct F3, F4
holding WSC Stock Options (right to buy) 125,691 03 Mar 2025 Common Stock 125,691 $13.60 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 On March 3, 2021, the Reporting Person was granted 20,588 RSUs which vest annually in four equal installments on each of the first four anniversaries of the grant date subject to the terms and conditions of the Plan and the Restricted Stock Unit Award Agreement entered into between the Issuer and the Reporting Person.
F3 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.
F4 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.
F5 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.