William B. Noble - Oct 12, 2021 Form 4 Insider Report for WD 40 CO (WDFC)

Role
Managing Director, Europe
Signature
Richard T. Clampitt, as attorney-in-fact for William B. Noble
Stock symbol
WDFC
Transactions as of
Oct 12, 2021
Transactions value $
$0
Form type
4
Date filed
10/14/2021, 08:47 PM
Next filing
Oct 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDFC Common Stock Award +362 +4.74% 8K Oct 12, 2021 Direct F1
transaction WDFC Common Stock Award +460 +5.75% 8.46K Oct 12, 2021 Direct F2
transaction WDFC Common Stock Award +835 +9.87% 9.29K Oct 12, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units (Common Stock equivalents) were granted pursuant to the WD-40 Company 2016 Stock Incentive Plan. The Restricted Stock Units (RSUs) will be settled solely with Issuer Common Stock upon an annual vesting schedule as provided for in the Award Agreement for the RSUs as follows: 34% not later than November 15, 2022, 33% not later than November 15, 2023, and 33% not later than November 15, 2024.
F2 Acquisition of vested Market Share Units (Common Stock equivalents) upon certified performance vesting of Market Share Units (MSUs) awarded to the reporting person on October 8, 2018, pursuant to the WD-40 Company 2016 Stock Incentive Plan. Vested MSUs will be settled solely with Issuer Common Stock not later than November 15, 2021. Rights to an additional 460 vested MSUs are transferrable to the reporting person's former spouse pursuant to a marital dissolution decree and are not included in this report.
F3 Acquisition of vested Performance Share Units (Common Stock equivalents) upon certified performance vesting of Performance Share Units (PSUs) awarded to the reporting person on October 12, 2020, pursuant to the WD-40 Company 2016 Stock Incentive Plan. Vested PSUs will be settled solely with Issuer Common Stock not later than November 15, 2021.
F4 Total includes 5,119 RSUs, 1,148 of which are subject to future vesting, 460 vested MSUs, 835 vested PSUs, and 280 vested Deferred Performance Units (Common Stock equivalents).