MICAH CHEN - 19 Aug 2024 Form 4 Insider Report for Willdan Group, Inc. (WLDN)

Signature
/s/ Creighton K. Early, Attorney-in-fact for Micah Chen
Issuer symbol
WLDN
Transactions as of
19 Aug 2024
Net transactions value
-$28,394
Form type
4
Filing time
21 Aug 2024, 17:35:56 UTC
Previous filing
22 Mar 2024
Next filing
11 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WLDN Common Stock Award $0 +1,736 +5.8% $0.000000 31,917 19 Aug 2024 Direct F1, F2, F3
transaction WLDN Common Stock Tax liability $28,394 -760 -2.4% $37.36 31,157 19 Aug 2024 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance-based restricted stock units previously granted to the Reporting Person by the Issuer on August 2, 2022. The performance conditions applicable to the award were determined to have been satisfied by the Issuer's Compensation Committee on July 30, 2024, resulting in the immediate vesting of the restricted stock units as to 1,736 shares of Common Stock.
F2 Includes (i) 4,200 shares of restricted stock units that vest in three substantially equal installments on each of March 20, 2025, March 20, 2026 and March 20, 2027 and (ii) 1,867 shares of restricted stock that vest in two substantially equal installments on each of March 7, 2025 and March 7, 2026, subject to the Reporting Person's continued service to the Issuer through the applicable vesting date.
F3 Includes 683 shares of Common Stock purchased under the Amended and Restated Willdan Group, Inc. 2006 Employee Stock Purchase Plan on June 30, 2024.
F4 Represents shares of the Issuer's Common Stock withheld to satisfy tax withholding obligations in connection with the vesting of the performance-based restricted stock units referenced in footnote (1).