Garry O. Ridge - Oct 24, 2022 Form 4 Insider Report for WD 40 CO (WDFC)

Role
Director, Chairman of the Board
Signature
Phenix Q. Kiamilev, attorney-in-fact for Garry O. Ridge
Stock symbol
WDFC
Transactions as of
Oct 24, 2022
Transactions value $
$0
Form type
4
Date filed
10/25/2022, 09:20 PM
Previous filing
Mar 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDFC Common Stock Tax liability -1.36K -2.05% 64.7K Oct 24, 2022 Direct F1, F2
holding WDFC Common Stock 12.5K Oct 24, 2022 By Spouse F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld pursuant to mandatory provisions of Restricted Stock Unit (RSU) Award Agreement(s) in satisfaction of tax withholding obligations upon vesting of 3,917 RSUs.
F2 Total includes: (i) 1,319 shares held in the WD-40 Company Profit Sharing / 401(k) Plan (Company Stock Fund account), (ii) 1,700 shares of restricted Common Stock received (net of shares withheld for taxes) upon settlement of Performance Share Units or PSUs, (iii) 8,959 of unvested RSUs, and (iv) 967 Deferred Performance Units or DPUs, which are Common Stock equivalents. Immaterial increases in shares held in the Common Stock Fund account are due to stock dividends received periodically.
F3 The reporting person disclaims beneficial ownership of these shares and this report of indirect beneficial ownership shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of such shares. Immaterial increases in shares are due to stock dividends received periodically.