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WESTERN DIGITAL CORP — Director's Dealing 2017
May 3, 2017
30166_dirs_2017-05-02_bb158ab9-bd22-4743-979d-2e0f8a4c0d0a.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: 2017-04-28
Reporting Person: RAY MICHAEL CHARLES (EVP, Chief Legal Officer & Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-04-28 | Common Stock | M | 9557 | $68.49 | Acquired | 50963 | Direct |
| 2017-04-28 | Common Stock | M | 6041 | $68.53 | Acquired | 57004 | Direct |
| 2017-04-28 | Common Stock | S | 15598 | $90.51 | Disposed | 41406 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-04-28 | Employee Stock Option (right to buy) | $68.49 | M | 9557 | Disposed | 2020-08-14 | Common Stock (9557) | Direct |
| 2017-04-28 | Employee Stock Option (right to buy) | $68.53 | M | 6041 | Disposed | 2022-11-03 | Common Stock (6041) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8.403 | Indirect |
Footnotes
F1: These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 8, 2016.
F2: Includes 1 share acquired under the Issuer's Employee Stock Purchase Plan on November 30, 2016.
F3: The option vested 25% one year from the grant date of 8/14/2013, and an additional 6.25% vested at the end of each three-month period through 2/14/2017. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/14/2017.
F4: The option vested 25% one year from the grant date of 11/3/2015, and an additional 6.25% vested at the end of each three-month period through 2/3/2017. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 11/3/2019.