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WESTERN DIGITAL CORP — Director's Dealing 2017
May 3, 2017
30166_dirs_2017-05-02_4904c2e6-8b59-4987-b7d7-0746c7d60bab.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: 2017-05-01
Reporting Person: DeMaria Jacqueline (EVP & Chief Human Res Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-05-01 | Common Stock | M | 7041 | $38.63 | Acquired | 55951 | Direct |
| 2017-05-01 | Common Stock | M | 2793 | $29.6 | Acquired | 58744 | Direct |
| 2017-05-01 | Common Stock | M | 11576 | $43.11 | Acquired | 70320 | Direct |
| 2017-05-01 | Common Stock | S | 16000 | $86.771 | Disposed | 54320 | Direct |
| 2017-05-01 | Common Stock | S | 5410 | $87.7753 | Disposed | 48910 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-05-01 | Employee Stock Option (right to buy) | $29.6 | M | 2793 | Disposed | 2018-09-14 | Common Stock (2793) | Direct |
| 2017-05-01 | Employee Stock Option (right to buy) | $38.63 | M | 7041 | Disposed | 2019-05-16 | Common Stock (7041) | Direct |
| 2017-05-01 | Employee Stock Option (right to buy) | $43.11 | M | 11576 | Disposed | 2019-09-06 | Common Stock (11576) | Direct |
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 March 17, 2017.
F2: Includes 1 share acquired under the Issuer's Employee Stock Purchase Plan on November 30, 2016.
F3: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $86.22 to a high of $87.19. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F4: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $87.23 to a high of $88.31. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
F5: The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.