Thomas D. Brisbin - Jun 9, 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
Stock symbol
WLDN
Transactions as of
Jun 9, 2021
Transactions value $
-$952,376
Form type
4
Date filed
6/11/2021, 06:58 PM
Previous filing
May 27, 2021
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +48.2K +14.19% $0.00 388K Jun 9, 2021 Direct F1, F2
transaction WLDN Common Stock Tax liability -$952K -24.3K -6.26% $39.27 363K Jun 9, 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on June 13, 2019. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee on June 9, 2021, resulting in the immediate vesting of the restricted stock units as to 48,164 shares of Common Stock.
F2 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.
F3 Represents shares of the Issuer's Common Stock withheld for tax withholding purposes in connection with the vesting of the performance-based restricted stock units referenced in footnote (1).