SEC Form 4 · accession 0001179110-18-007576
Willdan Group, Inc. · WLDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Milton Whitelaw
Officer — SVP, Business Development
Period of report
May 23, 2018
Accepted (ET)
May 25, 2018 · 5:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001370450
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 23, 2018 | M | 1,000 | $3.84 | A | 8,085 | D | |
| Common StockF2,F1 | May 23, 2018 | S | 4,709 | $27.18 | D | 3,376 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $3.84 | May 23, 2018 | M | 1,000 | D | — | Mar 26, 2022 | Common Stock | 1,000 | 0 | D |
Explanation of responses
- F1Includes (i) 889 shares of restricted stock that vest in two substantially equal installments on each of March 8, 2019 and March 8, 2020 and (ii) 1,333 shares of restricted stock that vest in three substantially equal installments on each of October 31, 2018, October 31, 2019 and October 31, 2020.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.99 - $27.27, inclusive. The reporting person undertakes to provide to Willdan Group, Inc., any security holder of Willdan Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.
- F3The option became exercisable in three substantially equal installments on each of March 26, 2013, March 26, 2014 and March 26, 2015.