Filing Details
- Accession Number:
- 0001266824-19-000163
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-09-06 19:49:44
- Reporting Period:
- 2019-09-04
- Accepted Time:
- 2019-09-06 19:49:44
- 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 |
---|---|---|---|---|---|---|---|
1593199 | Charles Michael Ray | C/O Western Digital Corporation 5601 Great Oaks Parkway San Jose CA 95119 | Evp, Chief Legal Officer & Sec | 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 | 2019-09-04 | 17,548 | $44.78 | 112,480 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-09-04 | 87,053 | $59.96 | 25,427 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2019-09-04 | 9,278 | $0.00 | 34,705 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2019-09-04 | 617 | $0.00 | 35,322 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-09-04 | 4,905 | $59.33 | 30,417 | No | 4 | F | Direct | |
Common Stock | Acquisiton | 2019-09-04 | 26,335 | $0.00 | 56,752 | No | 4 | A | Direct | |
Common Stock | Disposition | 2019-09-05 | 4,990 | $60.51 | 51,762 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | A | Direct | |
No | 4 | M | Direct | |
No | 4 | F | 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 | 2019-09-04 | 618 | $0.00 | 618 | $0.00 |
Common Stock | Employee Stock Option (right to buy) | Disposition | 2019-09-04 | 17,548 | $0.00 | 17,548 | $44.78 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
2,287 | No | 4 | M | Direct | ||
17,547 | 2017-08-03 | 2023-08-03 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 9 | Indirect | by Trust 401(K) |
Footnotes
- These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 1, 2019.
- Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $59.78 to a high of $60. 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 shares issued as payment in respect of the vesting of a performance-based restricted stock unit award.
- 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 performance-based restricted stock units to which the dividend equivalents relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent.
- Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- 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.
- The total number of derivative securities has been adjusted to reflect the cancellation of 164.1992 stock units previously credited in the form of dividend equivalent payments on stock units that did not vest.
- The option vested 25% one year from the grant date of 8/3/2016, and an additional 6.25% vested at the end of each three-month period through 8/3/2019. 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.