Thomas Donald Brisbin - 14 Mar 2022 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
14 Mar 2022
Net transactions value
$0
Form type
4
Filing time
16 Mar 2022, 19:10:49 UTC
Previous filing
10 Mar 2022
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +57,191 +16% $0.000000 415,547 14 Mar 2022 Direct F1, F2
* 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 March 9, 2021. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee on March 14, 2022, resulting in the immediate vesting of the restricted stock units as to 57,191 shares of Common Stock.
F2 Includes (i) 18,750 shares of restricted stock that vest in three substantially equal installments on each of March 9, 2023, March 9, 2024 and March 9, 2025 and (ii) 23,751 shares of restricted stock that vest on March 8, 2023, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.