Thomas D. Brisbin - Mar 8, 2022 Form 4 Insider Report for Willdan Group, Inc. (WLDN)

Signature
/s/ Creighton K. Early, Attorney-in-Fact for Thomas D. Brisbin
Stock symbol
WLDN
Transactions as of
Mar 8, 2022
Transactions value $
-$108,831
Form type
4
Date filed
3/10/2022, 06:33 PM
Previous filing
Dec 13, 2021
Next filing
Mar 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +23.8K +7.03% $0.00 362K Mar 8, 2022 Direct F1, F2, F3
transaction WLDN Common Stock Sale -$3.06K -101 -0.03% $30.34 362K Mar 10, 2022 Direct F3, F4, F5, F6
transaction WLDN Common Stock Sale -$106K -3.33K -0.92% $31.80 358K Mar 10, 2022 Direct F3, F4, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock awarded to the Reporting Person by the Issuer on March 8, 2022, which vests in one installment on March 8, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
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 Includes 225 shares of Common Stock purchased under the Amended and Restated Willdan Group, Inc. 2006 Employee Stock Purchase Plan on December 31, 2021.
F4 Represents shares of Common Stock sold in the open market, the proceeds of which were used to pay the tax withholding obligations incurred upon the vesting of restricted stock units on March 9, 2022.
F5 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $30.27 to $30.34, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, 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 (5) and footnote (7).
F6 Includes 18,750 shares of restricted stock that vest in three equal installments on each of 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.
F7 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $31.51 to $31.80, inclusive.