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WD 40 CO — Director's Dealing 2016
Oct 12, 2016
31407_dirs_2016-10-12_772ff8d7-30c9-4228-82ec-424bbf5f1078.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: 2016-10-10
Reporting Person: RIDGE GARRY O (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-11 | Common Stock | A | 4250 | — | Acquired | 88112.032 | Direct |
| 2016-10-10 | Common Stock | A | 4571 | — | Acquired | 92683.032 | Direct |
| 2016-10-10 | Common Stock | A | 967 | — | Acquired | 93650.032 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12400.432 | Indirect |
Footnotes
F1: Restricted Stock Units (Common Stock equivalents) were granted pursuant to the WD-40 Company 2007 Stock Incentive Plan. The Restricted Stock Units (RSUs) will be settled solely with Issuer Common Stock upon an annual vesting schedule as provided for in the Award Agreement for the RSUs as follows: 34% not later than November 15, 2017, 33% not later than November 15, 2018, and 33% not later than November 15, 2019.
F2: Acquisition of additional vested Market Share Units (Common Stock equivalents) upon certified performance vesting of Market Share Units (MSUs) awarded to the reporting person on October 14, 2013. Vested MSUs will be settled solely with Issuer Common Stock not later than November 15, 2016.
F3: Acquisition of vested Deferred Performance Units (Common Stock equivalents) upon certified performance vesting of Deferred Performance Units (DPUs) awarded to the reporting person on October 12, 2015. Vested DPUs will be settled solely with Issuer Common Stock following termination of employment.
F4: Total includes 1,229.032 shares held in WD-40 Company Profit Sharing Plan (Company Stock Fund) account. Total also includes 19,204 RSUs, of which 13,320 are subject to future vesting, and 9,183 MSUs (target number) awarded to the reporting person in 2014 and 2015. MSUs and DPUs (which are performance-based equity awards) that were granted to the reporting person on October 11, 2016 are not reported herein as beneficially owned common stock equivalents.
F5: The reporting person disclaims beneficial ownership of these shares and this report of indirect beneficial ownership shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of such shares.