Filing Details

Accession Number:
0001266824-13-000113
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-08-16 20:42:59
Reporting Period:
2013-08-14
Filing Date:
2013-08-16
Accepted Time:
2013-08-16 20:42:59
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
1277246 D Stephen Milligan C/O Western Digital Corporation
3355 Michelson Drive, Suite 100
Irvine CA 92612
President & Ceo Yes 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 30,697 $0.00 116,658 No 4 A Direct
Common Stock Acquisiton 2013-08-15 705 $0.00 117,363 No 4 M Direct
Common Stock Disposition 2013-08-15 23,776 $66.02 93,587 No 4 F Direct
Common Stock Disposition 2013-08-15 2,534 $67.67 91,053 No 4 S Direct
Common Stock Acquisiton 2013-08-15 44,863 $0.00 135,916 No 4 A Direct
Common Stock Disposition 2013-08-16 5,449 $65.53 130,467 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 A 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 2013-08-15 720 $0.00 720 $0.00
Common Stock Employee Stock Option (right to buy) Acquisiton 2013-08-14 90,621 $0.00 90,621 $68.49
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,191 No 4 M Direct
90,621 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. An amount equal to 14.413 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 $19.45 was also paid to the holder to settle a fractional dividend equivalent of 0.2946.
  3. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 20, 2013.
  5. Represents shares issued as payment in respect of the vesting of a performance-based stock unit award.
  6. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $65.20 to a high of $65.89. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  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.