Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

WESTERN DIGITAL CORP Director's Dealing 2016

Nov 15, 2016

30166_dirs_2016-11-14_8aff164a-aee9-4705-852e-32cb4e1a46b3.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2016-11-04

Reporting Person: Sivaram Srinivasan (EVP, Memory Technology)

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 109041.498 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Dividend Equivalent Rights $ Common Stock (1790.636) Direct
Employee Stock Option (right to buy) $30.2 2020-06-27 Common Stock (15807) Direct
Employee Stock Option (right to buy) $36.87 2021-02-17 Common Stock (12139) Direct
Employee Stock Option (right to buy) $40.63 2022-02-16 Common Stock (60696) Direct
Employee Stock Option (right to buy) $44.78 2023-08-03 Common Stock (57968) Direct

Footnotes

F1: Includes 100,064 unvested awards of restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of the Issuer's common stock.

F2: The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.

F3: The option vests in substantially equal installments at the end of each three-month period through June 28, 2017. The first installment became exercisable on June 28, 2016.

F4: The option vests in substantially equal installments at the end of each three-month period through February 18, 2018. The first installment became exercisable on May 18, 2016.

F5: The option vests in substantially equal installments at the end of each three-month period through February 17, 2019. The first installment became exercisable on May 17, 2016.

F6: The option vests 25% on the first anniversary of the grant date of August 3, 2016 and 6.25% at the end of each three-month period thereafter.