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WLDN > SEC Filings for WLDN > Form 8-K on 23-Nov-2011All Recent SEC Filings

Show all filings for WILLDAN GROUP, INC.



Other Events

Item 8.01. Other Events

On November 22, 2011, Linda L. Heil, a member of the board of directors of Willdan Group, Inc. ("Willdan"), entered into a written sales plan relating to Willdan's common stock (the "Plan") pursuant to guidance specified by Rule 10b5-1 under the Securities Exchange Act of 1934, as amended. The Plan provides for the sale of the lesser of (i) 20,000 shares of common stock per month, and (ii) the maximum number of shares permitted to be sold pursuant to Rule 144(e)(1) under the Securities Act of 1933, as amended. Shares will be sold under the Plan on the open market at prevailing market prices, subject to minimum price thresholds. The Plan is a part of Mrs. Heil's long-term strategy to diversify assets. The Plan has been approved by Willdan pursuant to the terms of its Insider Trading Policy. The Plan provides that no sales may be made thereunder prior to December 22, 2011 and expires on November 22, 2012, unless terminated earlier under certain specified circumstances.

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