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
- 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.
- Represents shares issued as payment in respect of the vesting of a performance-based stock unit award.
- Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- 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.
- 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.
- 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.
- The option vests 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.