WD 40 CO — Director's Dealing 2023

Dec 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WD 40 CO (WDFC)
CIK: 0000105132
Period of Report: 2023-12-12

Reporting Person: Magee Edward O Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-12-12	Common Stock	A	406	—	Acquired	1379	Direct
2023-12-12	Common Stock	A	125	—	Acquired	1504	Direct

Footnotes

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 50% of annual base compensation for directors, had an aggregate fair market value of approximately $30,000 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) 56 shares acquired before Reporting Owner's appointment to Issuer's Board of Directors, (ii) 1,323 vested RSUs treated as common stock equivalents, and (iii) 125 unvested RSUs. Following termination of the Reporting Person's service as a director, vested RSUs will be settled with Issuer's common stock.