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WESTERN DIGITAL CORP — Director's Dealing 2016
Nov 8, 2016
30166_dirs_2016-11-07_502590e6-8e5c-432a-a5ef-935b83e7edcc.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: Cole Martin I (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-03 | Common Stock | M | 140.0 | $0.0 | Acquired | 5522 | Direct |
| 2016-11-04 | Common Stock | A | 4089.0 | $0.0 | Acquired | 9611 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-03 | Dividend Equivalent Rights | $ | M | 140.0679 | Disposed | Common Stock (140.0679) | Direct |
Footnotes
F1: 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 $3.74 was also paid to the holder to settle a fractional dividend equivalent of 0.0679.
F2: 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.
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