SEC Form 4 · accession 0001140361-17-040223
WD 40 CO · WDFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Freeman
Officer — Division President, Americas
Period of report
Oct 27, 2017
Accepted (ET)
Oct 31, 2017 · 1:14 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 27, 2017 | F | 350 | — | D | 29,860 | D | |
| Common StockF2,F3 | Oct 27, 2017 | F | 827 | — | D | 29,033 | D |
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 927 RSUs (Common Stock equivalents).
- F2Shares withheld pursuant to mandatory provisions of a Market Stock Unit (MSU) Award Agreement in satisfaction of tax withholding obligation upon settlement of 2,198 MSUs (Common Stock equivalents).
- F3Total includes 2,380.672 shares held in WD-40 Company Profit Sharing Plan (Company Stock Fund) account. Total also includes 5,539 RSUs, of which 1,568 are subject to future vesting, 909 MSUs (target number) awarded to the reporting person in 2015, all of which are subject to future vesting, and 334 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.