Filing Details
- Accession Number:
- 0001266824-17-000154
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-07-20 21:07:43
- Reporting Period:
- 2017-07-19
- Filing Date:
- 2017-07-20
- Accepted Time:
- 2017-07-20 21:07:43
- 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 |
---|---|---|---|---|---|---|---|
1593123 | P Mark Long | C/O Western Digital Corporation 5601 Great Oaks Parkway San Jose CA 95119 | Pres Wd Capital, Cso & Cfo | 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 | 2017-07-19 | 1,545 | $0.00 | 53,551 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2017-07-19 | 56,551 | $0.00 | 110,102 | No | 4 | A | Direct | |
Common Stock | Disposition | 2017-07-19 | 12,609 | $94.48 | 97,493 | No | 4 | F | Direct | |
Common Stock | Disposition | 2017-07-19 | 17,028 | $93.84 | 80,465 | No | 4 | S | Direct | |
Common Stock | Disposition | 2017-07-20 | 11,557 | $94.82 | 68,908 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | A | Direct | |
No | 4 | F | Direct | |
No | 4 | S | 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 | 2017-07-19 | 1,546 | $0.00 | 1,546 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
6,536 | No | 4 | M | Direct |
Footnotes
- With respect to the dividend equivalents, an additional 2,502.8198 dividend equivalents were accrued in connection with a determination that the performance-based restricted stock units to which the dividend equivalents relate were achieved at a level greater than target. Of the total 3,863.6843 accrued dividend equivalents, 1,545 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, and the remaining accrued dividend equivalents will convert into, and be paid in the form of, shares of the Issuers common stock in connection with the vesting of the performance-based restricted stock unit award to which the dividend equivalents relate. A cash amount equal to $51.21 was also paid to the holder to settle a fractional dividend of 0.5420.
- Represents shares issued as payment in respect of the vesting of a performance-based restricted stock unit award. Of the total 56,551 shares, 22,621 vested on 7/22/2016, 22,620 shares will vest on 6/30/2018, and 11,310 shares will vest on 6/30/2019.
- Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.
- Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $93.48 to a high of $94.31. 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.
- Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $94.28 to a high of $95.01. 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.