Thomas Donald Brisbin - 25 May 2021 Form 4 Insider Report for Willdan Group, Inc. (WLDN)

Role
Chief Executive Officer, Director, Chairman of the Board
Signature
/s/ Creighton K. Early Attorney-in-Fact for Thomas D. Brisbin
Issuer symbol
WLDN
Transactions as of
25 May 2021
Net transactions value
-$363,240
Form type
4
Filing time
26 May 2021, 20:12:34 UTC
Previous filing
24 May 2021
Next filing
27 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Options Exercise $89,218 +22,249 +6.8% $4.01 351,001 25 May 2021 Direct F1
transaction WLDN Common Stock Sale $452,459 -12,461 -3.6% $36.31 338,540 25 May 2021 Direct F1, 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
transaction WLDN Stock Options (Right to Buy) Options Exercise $0 +22,249 $0.000000 2,049 25 May 2021 Common Stock 22,249 $4.01 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 25,000 shares of restricted stock that vest in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024 and March 9, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $36.00 to $36.92, inclusive. The reporting person undertakes to provide to Willdan Group, Inc., any security holder of Willdan Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 Stock options granted under the Willdan Group, Inc. Amended and Restated 2008 Performance Incentive Plan, which vested in three equal installments on each of June 6, 2012, June 6, 2013 and June 6, 2014.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney