SEC Form 4 · accession 0001140361-15-037651
WD 40 CO · WDFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard T Clampitt
Officer — VP, General Counsel
Period of report
Oct 12, 2015
Accepted (ET)
Oct 14, 2015 · 7:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000105132
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Oct 12, 2015 | A | 779 | — | A | 4,592 | D | |
| Common StockF2,F3 | Oct 12, 2015 | A | 779 | — | A | 5,371 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1779 Restricted Stock Units (Common Stock equivalents) were granted pursuant to the WD-40 Company 2007 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, 2016, 33% not later than November 15, 2017, and 33% not later than November 15, 2018.
- F2779 Market Share Units (Common Stock equivalents) were granted pursuant to the 2007 Stock Incentive Plan. The Market Share Units (MSUs) will be settled solely with Issuer Common Stock upon performance vesting as provided for in the Award Agreement for the MSUs following a 3-year performance measurement period.
- F3Total also includes 2,491 Restricted Stock Units, all of which are subject to future vesting and 1,585 Market Share Units, all of which are subject to future vesting.