SEC Form 4 · accession 0001140361-17-040199
WD 40 CO · WDFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Garry O Ridge
Officer — President & CEO · Director
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 11:34 am 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 27, 2017 | F | 2,337 | — | D | 94,734 | D | |
| Common StockF2,F3 | Oct 27, 2017 | F | 3,630 | — | D | 91,104 | D | |
| Common StockF4 | holding | — | — | — | 12,419 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares withheld pursuant to mandatory provisions of Restricted Stock Unit (RSU) Award Agreements in satisfaction of tax withholding obligation upon settlement of 4,475 RSUs (Common Stock equivalents).
- F2Shares withheld pursuant to mandatory provisions of a Market Share Unit (MSU) Award Agreement in satisfaction of tax withholding obligation upon settlement of 9,530 MSUs (Common Stock equivalents).
- F3Total includes 1,251.132 shares held in WD-40 Company Profit Sharing Plan (Company Stock Fund) account. Total also includes 14,579 RSUs, of which 8,695 are subject to future vesting, 4,418 MSUs (target number) awarded to the reporting person in 2015, all of which are subject to future vesting, and 967 vested Deferred Performance Units (Common Stock equivalents). MSUs (which are performance-based equity awards) that were granted to the reporting person on October 11, 2016 and October 9, 2017 are not reported herein as beneficially owned Common Stock equivalents. .
- F4The 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 Act or otherwise, the beneficial owner of such shares.