Form 4 for WDFC WD 40 CO
Accepted 2023-12-13 00:00:00 ET · period of report 2023-12-12 · accession 0000105132-23-000106 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-12-13 | 2023-12-12 | WDFC | MIHALIK TREVOR I | Dir | A - Grant | — | +657 | 3,491 | +23% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-12-12 | A | A | 406 | — | 3,240 | D | — | — | (F1) Represents a restricted stock unit ("RSU") award covering shares of Issuer's common stock granted in accordance with the Issuer's Directors' Compensation Policy and Election Plan adopted on October 5, 2023 ("2023 Directors' Compensation Policy"). This RSU award, which was granted effective December 12, 2023 and had an aggregate fair market value of approximately $97,000 on such date, is the non-elective portion of annual director compensation and vests upon grant. |
| 2 | Common | Common Stock | 2023-12-12 | A | A | 251 | — | 3,491 | D | — | — | (F2) Represents an elective RSU award covering shares of Issuer's common stock granted in accordance with the Issuer's 2023 Directors' Compensation Policy. This RSU award, which was granted effective December 12, 2023 ("Grant Date") and was in lieu of receiving cash for annual base compensation for directors, had an aggregate fair market value of approximately $60,000 on the Grant Date. Unless as otherwise provided in the 2023 Directors' Compensation Policy, and subject to continuous service as a director, the RSU award vests 1/12th per month over one year commencing on the first day of the calendar month after the Grant Date. (F3) Represents: (i) 302 shares acquired via stock purchases by Reporting Owner, (ii) 2,938 vested RSUs treated as common stock equivalents, and (iii) 251 unvested RSUs. Following termination of the Reporting Person's service as a director, vested RSUs will be settled with Issuer's common stock. |