WD 40 CO — Director's Dealing 2003

Oct 1, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WD 40 CO (WDFC)
CIK: 0000105132
Period of Report: 2003-09-29

Reporting Person: NOBLE WILLIAM B (Managing Director, Europe)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-09-25	Incentive Stock Option	M	5800	$23.063	Acquired	6100	Direct
2003-09-25	Incentive Stock Option	S	5800	$31	Disposed	300	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-09-25	Incentive Stock Option	$23.063	M	5800	Disposed	2008-09-28	Common Stock (5800)	Direct

Footnotes

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

F2: Incentive Stock Option (ISO) 6000 shares exercisable 01/01/00 at $31.75 exp. 09/22/07; ISO 200 shares exercisable 01/01/01 at $23.063 exp. 09/29/08; Non Qualified Stock Option (NQSO) 10000 shares exercisable 09/28/00 at $23.50 exp. 09/28/09; NQSO 20000 shares exercisable 09/26/01 at $20.813 exp. 09/26/10; NQSO 10000 shares exercisable 09/25/02 at $20.75 exp. 09/26/11; NQSO 10000 shares (3334 exercisable 09/24/03; 3333 exercisable 09/24/04; 3333 exercisable 09/24/05) at $27.56 exp. 09/24/12; NQSO 10000 shares (3334 exercisable 09/23/04; 3333 exercisable 09/23/05; 3333 exercisable 09/23/06) at $29.30 exp. 09/24/13.