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WESTERN DIGITAL CORP — Director's Dealing 2015
Sep 23, 2015
30166_dirs_2015-09-22_95dde267-3121-4ab8-82e5-3ba7037789a4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2015-09-21
Reporting Person: MILLIGAN STEPHEN D (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-21 | Common Stock | M | 7712.0 | $38.19 | Acquired | 120901 | Direct |
| 2015-09-21 | Common Stock | S | 7312.0 | $76.8781 | Disposed | 113589 | Direct |
| 2015-09-21 | Common Stock | S | 400.0 | $77.3094 | Disposed | 113189 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-09-21 | Employee Stock Option (right to buy) | $38.19 | M | 7712.0 | Disposed | 2019-03-19 | Common Stock (7712) | Direct |
Footnotes
F1: These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2015.
F2: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $76.2384 to a high of $77.22. 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.
F3: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $77.2853 to a high of $77.3818. 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.
F4: The option vested 25% one year from the grant date of 3/19/2012, and an additional 6.25% vested at the end of each three-month period through 9/19/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 3/19/2016.