Cynthia Burks - 13 Dec 2022 Form 4 Insider Report for WD 40 CO (WDFC)

Role: Director
Signature: Ann T. Nguyen, attorney-in-fact for Cynthia Burks
Issuer symbol: WDFC
Transactions as of: 13 Dec 2022
Net transactions value: $0
Form type: 4
Filing time: 14 Dec 2022, 18:26:40 UTC
Previous filing: 04 Aug 2022
Next filing: 01 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WDFC	Common Stock	Award		+480			480	13 Dec 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These RSUs are fully vested and are treated as common stock equivalents. Following termination of the Reporting Person's service as a director, the RSUs will be settled with Issuer's common stock.
F2	Reporting person was elected as a director to Issuer's Board of Directors on December 13, 2022. Acquisition reported represents a restricted stock unit ("RSU") award covering 480 shares of Issuer's common stock granted in accordance with the Issuer's Directors' Compensation Policy and Election Plan adopted on October 12, 2021. This RSU award, which was granted effective December 13, 2022 and had an aggregate fair market value of approximately $80,000 on such date, is the non-elective portion of annual director compensation and vests upon grant.

Content

These RSUs are fully vested and are treated as common stock equivalents. Following termination of the Reporting Person's service as a director, the RSUs will be settled with Issuer's common stock.

Reporting person was elected as a director to Issuer's Board of Directors on December 13, 2022. Acquisition reported represents a restricted stock unit ("RSU") award covering 480 shares of Issuer's common stock granted in accordance with the Issuer's Directors' Compensation Policy and Election Plan adopted on October 12, 2021. This RSU award, which was granted effective December 13, 2022 and had an aggregate fair market value of approximately $80,000 on such date, is the non-elective portion of annual director compensation and vests upon grant.