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WD 40 CO Director's Dealing 2003

Sep 26, 2003

31407_dirs_2003-09-26_4720f5be-ffcb-4987-a3fa-55452387e2a0.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WD 40 CO (WDFC)
CIK: 0000105132
Period of Report: 2003-09-25

Reporting Person: RIDGE GARRY O (Director, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2003-09-25 Incentive Stock Option M 3705 $21.188 Acquired 14548 Direct
2003-09-25 Incentive Stock Option S 3705 $30 Disposed 10843 Direct
2003-09-25 Incentive Stock Option M 7000 $23 Acquired 17843 Direct
2003-09-25 Incentive Stock Option S 7000 $30 Disposed 10843 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2003-09-25 Incentive Stock Option $21.188 M 3705 Disposed 2005-09-25 Common Stock (3705) Direct
2003-09-25 Incentive Stock Option $23 M 7000 Disposed 2006-09-23 Common Stock (7000) Direct

Footnotes

F1: Transaction pursuant to trading plan adopted pursuant to Rule 10b5-1 under Securities Exchange Act of 1934.

F2: Total Includes 883 shares held in WD-40 Company Profit Sharing Plan (Company Stock Fund) account; estimated number of shares based upon equivalent value of units held.

F3: Incentive Stock Option (ISO) 16000 shares (2222 shares exercisable 01/01/00, 3149 shares exercisable 01/01/01, 3149 shares exercisable 01/01/02, 3149 shares exercisable 01/01/03, 3149 shares exercisable 01/01/04, and 1182 shares exercisable 01/01/05) at $31.75 exp. 09/22/07; Non Qualified Stock Option (NQSO) 16000 shares exercisable 09/29/99 at $23.06 exp. 09/29/08; NQSO 20000 shares exercisable 09/28/00 at $23.50 exp. 09/28/09; NQSO 40000 shares exercisable 09/26/01 at $20.813 exp. 09/26/10; NQSO 30000 shares exercisable 09/25/02 at $20.75 exp. 09/25/11; NQSO 30000 shares (10000 shares exercisable 09/24/03; 10000 shares exercisable 09/24/04, 10000 shares exercisable 09/24/05) at $27.56 exp. 09/24/12; NQSO 30000 shares (10000 shares exercisable 09/23/04; 10000 shares exercisable 09/23/05, 10000 shares exercisable 09/23/06) at $29.30 exp. 09/23/13.