Filing Details

Accession Number:
0001266824-17-000175
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-08-07 20:04:32
Reporting Period:
2017-08-03
Filing Date:
2017-08-07
Accepted Time:
2017-08-07 20:04:32
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
1657678 Jacqueline Demaria C/O Western Digital Corporation
5601 Great Oaks Parkway
San Jose CA 95119
Evp & Chief Human Res Officer 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 2017-08-03 14,358 $44.78 75,772 No 4 M Direct
Common Stock Disposition 2017-08-03 14,358 $84.53 61,414 No 4 S Direct
Common Stock Acquisiton 2017-08-03 174 $0.00 61,588 No 4 M Direct
Common Stock Disposition 2017-08-03 3,348 $84.51 58,240 No 4 F Direct
Common Stock Acquisiton 2017-08-04 175 $0.00 58,415 No 4 M Direct
Common Stock Disposition 2017-08-04 1,428 $81.17 56,987 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Dividend Equivalent Rights Disposition 2017-08-03 174 $0.00 174 $0.00
Common Stock Dividend Equivalent Rights Disposition 2017-08-04 175 $0.00 175 $0.00
Common Stock Employee Stock Option (right to buy) Disposition 2017-08-03 14,358 $0.00 14,358 $44.78
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,837 No 4 M Direct
2,662 No 4 M Direct
43,070 2017-08-03 2023-08-03 No 4 M Direct
Footnotes
  1. These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2017.
  2. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $84.26 to a high of $84.98. 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.
  3. 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 $11.89 was also paid to the holder to settle a fractional dividend equivalent of 0.1407.
  4. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
  5. 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 $3.59 was also paid to the holder to settle a fractional dividend equivalent of 0.0442.
  6. The option vested 25% one year from the grant date of 8/3/2016. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/3/2020.