Thomas D. Brisbin - Mar 9, 2023 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 9, 2023
Transactions value $
-$99,314
Form type
4
Date filed
3/10/2023, 05:09 PM
Previous filing
Mar 8, 2023
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Sale -$45.7K -2.68K -0.67% $17.03 398K Mar 9, 2023 Direct F1, F2, F3
transaction WLDN Common Stock Tax liability -$53.7K -3.15K -0.79% $17.05 395K Mar 9, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of the Issuer's 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 on March 8, 2023, which restricted stock was granted on March 8, 2022.
F2 The price reported in Column 4 is the weighted average price. These shares were sold in multiple transactions at prices ranging from $16.90 to $17.35 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 range set forth in this footnote.
F3 Includes (i) 17,500 shares of restricted stock that vest in three substantially equal installments on each of March 7, 2024, March 7, 2025 and March 7, 2026 and (ii) 12,500 shares of restricted stock that vest in two substantially equal installments on each of March 9, 2024 and March 9, 2025, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F4 Represents shares of the Issuer's Common Stock withheld for tax withholding purposes in connection with the vesting of restricted stock on March 9, 2023, which restricted stock was granted on March 9, 2021.