Filing Details

Accession Number:
0001266824-13-000111
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-16 20:42:37
Reporting Period:
2013-08-14
Filing Date:
2013-08-16
Accepted Time:
2013-08-16 20:42:37
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
106040 Western Digital Corp WDC Computer Storage Devices (3572) 330956711
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1201490 D Michael Cordano C/O Western Digital Corporation
3355 Michelson Drive, Suite 100
Irvine CA 92612
President, Hgst Subsidiary No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-08-14 27,408 $0.00 85,106 No 4 A Direct
Common Stock Acquisiton 2013-08-14 23,272 $0.00 108,378 No 4 A Direct
Common Stock Disposition 2013-08-14 12,337 $68.49 96,041 No 4 F Direct
Common Stock Acquisiton 2013-08-14 503 $0.00 96,544 No 4 M Direct
Common Stock Acquisiton 2013-08-16 2,395 $38.63 98,939 No 4 M Direct
Common Stock Disposition 2013-08-16 2,395 $65.86 96,544 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Dividend Equivalent Rights Disposition 2013-08-14 525 $0.00 525 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2013-08-16 2,395 $0.00 2,395 $38.63
Common Stock Employee Stock Option (right to buy) Acquisiton 2013-08-14 80,911 $0.00 80,911 $68.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,723 No 4 M Direct
26,345 2013-05-16 2019-05-16 No 4 M Direct
80,911 2014-08-14 2020-08-14 No 4 A Direct
Footnotes
  1. Represents the grant of restricted stock units to the reporting person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
  2. Represents shares issued as payment in respect of the vesting of a performance-based stock unit award.
  3. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
  4. An amount equal to 21.0039 dividend equivalents were canceled without payment in connection with the determination of the achievement level of the performance-based restricted stock units to which the dividend equivalents relate. The remaining dividend equivalents were converted into, and paid in the form of, shares of the issuer's common stock on a one-for-one basis in connection with the vesting of the performance-based restricted stock units to which the dividend equivalents relate. A cash amount equal to $62.91 was also paid to the holder to settle a fractional dividend equivalent of 0.9186.
  5. These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 7, 2013.
  6. The option vested 25% one year from the grant date of 5/16/2012, and an additional 6.25% vested at 8/16/2013. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 5/16/2016.
  7. The option vests 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.