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WESTERN DIGITAL CORP — Director's Dealing 2016
Nov 8, 2016
30166_dirs_2016-11-07_76fb789d-61d9-47f6-ae05-edc2f26ad2aa.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: 2016-11-03
Reporting Person: MEHROTRA SANJAY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-04 | Common Stock | A | 4089.0 | $0.0 | Acquired | 4089 | Direct |
| 2016-11-03 | Common Stock | M | 32.0 | $0.0 | Acquired | 9208 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-03 | Dividend Equivalent Rights | $ | M | 32.5727 | Disposed | Common Stock (32.5727) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 19192 | Indirect |
Footnotes
F1: 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.
F2: 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 $31.58 was also paid to the holder to settle a fractional dividend equivalent of 0.5727.
F3: Includes change in form of beneficial ownership of shares of Issuer's common stock in connection with the vesting of the reporting person's restricted stock unit award. The underlying shares were issued directly to the reporting person's Family Trust account.