WD 40 CO — Director's Dealing 2003

Jul 7, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WD 40 CO (WDFC)
CIK: 0000105132
Period of Report: 2003-07-03

Reporting Person: MILNER GRAHAM P (Executive Vice President)

Footnotes

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

F2: Total includes 1,206 shares held in WD-40 Company Profit Sharing Plan (Company Stock Fund) account; estimated number of shares based on equivalent value of units held.

F3: Incentive Stock Option (ISO) to buy 5,000 shares exercisable 01/01/97 at $21.1875 expires 9/25/05; ISO to buy 5,000 shares exercisable 01/01/98 at $23.00 expires 09/23/06; ISO to buy 6,000 shares exercisable 01/01/00 at $31.75 expires 09/22/07; ISO to buy 6,000 shares exercisable 01/01/01 at $23.063 expires 09/29/08; Non Qualified Stock Option (NQSO) to buy 10,000 shares exercisable 09/28/00 at $23.50 expires 09/28/09; NQSO to buy 2,104 shares exercisable 09/26/01 at $20.813 expires 09/26/10; ISO to buy 17,896 shares exercisable 09/26/01 at $20.813 expires 09/26/10; NQSO to buy 15,000 shares exercisable 04/27/02 at $18.084 expire 04/27/11; NQSO to buy 5,181 shares exercisable 09/25/02 at $20.75 expires 09/25/11; ISO to buy 4,819 shares exercisable 09/25/02 at $20.75 expires 09/25/11; NQSO to buy 10,000 shares exercisable (3,334 exercisable 09/24/03, 3,333 exercisable 09/24/04, 3,333 exercisable 09/24/05) at $27.56 expires 09/24/12.