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WESTERN DIGITAL CORP — Director's Dealing 2016
Nov 15, 2016
30166_dirs_2016-11-14_2e0bf4be-9684-4971-96b0-1a58ce78d871.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2016-11-04
Reporting Person: BHATIA MANISH H (EVP, Silicon Operations)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 87720 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Dividend Equivalent Rights | $ | Common Stock (1567.8187) | Direct | ||
| Employee Stock Option (right to buy) | $25.56 | 2020-02-14 | Common Stock (15932) | Direct | |
| Employee Stock Option (right to buy) | $36.87 | 2021-02-17 | Common Stock (31865) | Direct | |
| Employee Stock Option (right to buy) | $40.63 | 2022-02-16 | Common Stock (51591) | Direct | |
| Employee Stock Option (right to buy) | $44.78 | 2023-08-03 | Common Stock (51685) | Direct |
Footnotes
F1: Consists of 87,720 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 February 15, 2017. The first installment became exercisable on May 15, 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.