Creighton K. Early - Jun 9, 2021 Form 4 Insider Report for Willdan Group, Inc. (WLDN)

Role
Chief Financial Officer
Signature
/s/ Creighton K. Early
Stock symbol
WLDN
Transactions as of
Jun 9, 2021
Transactions value $
-$78,579
Form type
4
Date filed
6/11/2021, 07:01 PM
Next filing
Dec 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +5.78K +18.7% $0.00 36.7K Jun 9, 2021 Direct F1, F2
transaction WLDN Common Stock Tax liability -$78.6K -2K -5.45% $39.27 34.7K 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 5,782 shares of Common Stock.
F2 Includes 4,000 shares of restricted stock that vest in two equal installments on each of December 11, 2021 and December 11, 2022, 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).