Filing Details
- Accession Number:
- 0001266824-15-000096
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-05-19 18:26:01
- Reporting Period:
- 2015-05-16
- Filing Date:
- 2015-05-19
- Accepted Time:
- 2015-05-19 18:26:01
- 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 | 2015-05-16 | 387 | $0.00 | 80,157 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-05-16 | 4,196 | $97.67 | 75,961 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2015-05-18 | 2,395 | $38.63 | 78,356 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2015-05-18 | 5,057 | $68.49 | 83,413 | No | 4 | M | Direct | |
Common Stock | Disposition | 2015-05-18 | 7,452 | $97.85 | 75,961 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | 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 | 2015-05-16 | 388 | $0.00 | 388 | $0.00 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2015-05-18 | 2,395 | $0.00 | 2,395 | $38.63 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2015-05-18 | 5,057 | $0.00 | 5,057 | $68.49 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,128 | No | 4 | M | Direct | ||
9,580 | 2013-05-16 | 2019-05-16 | No | 4 | M | Direct |
45,511 | 2014-08-14 | 2020-08-14 | No | 4 | M | Direct |
Footnotes
- Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2014.
- Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $97.8401 to a high of $97.8585. 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.
- The 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 restricted stock units to which the dividend equivalents relate. A cash amount equal to $97.36 was also paid to the holder to settle a fractional dividend equivalent of 0.9968.
- The option vested 25% one year from the grant date of 5/16/2012, and an additional 6.25% vested at the end of each three-month period through 5/16/2015. 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 vested 25% one year from the grant date of 8/14/2013, and an additional 6.25% vested at the end of each three-month period through 5/14/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/14/2017.