4//SEC Filing
SANDFORT GREGORY A 4
Accession 0000105132-23-000108
CIK 0000105132other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 4:21 PM ET
Size
7.2 KB
Accession
0000105132-23-000108
Insider Transaction Report
Form 4
WD 40 COWDFC
SANDFORT GREGORY A
Director
Transactions
- Award
Common Stock
2023-12-12+251→ 19,479 total - Award
Common Stock
2023-12-12+406→ 19,228 total
Footnotes (3)
- [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.
- [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) 5,354 shares acquired via stock purchases and dividend reinvestment by Reporting Owner, (ii) 13,874 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.
Documents
Issuer
WD 40 CO
CIK 0000105132
Entity typeother
Related Parties
1- filerCIK 0001278862
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 4:21 PM ET
- Size
- 7.2 KB