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WESTERN DIGITAL CORP — Director's Dealing 2016
Sep 14, 2016
30166_dirs_2016-09-13_e5d3538e-0a93-46e8-91d9-b14567d902c5.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: 2016-09-11
Reporting Person: MILLIGAN STEPHEN D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-09-11 | Common Stock | M | 452.0 | $0.0 | Acquired | 109471 | Direct |
| 2016-09-11 | Common Stock | F | 4153.0 | $51.59 | Disposed | 105318 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-09-11 | Dividend Equivalent Rights | $ | M | 452.4227 | Disposed | Common Stock (452.4227) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 22567 | Indirect |
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 $21.81 was also paid to the holder to settle a fractional dividend equivalent of 0.4227.
F2: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
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