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WESTERN DIGITAL CORP — Director's Dealing 2018
Nov 7, 2018
30166_dirs_2018-11-06_fd5a4c71-00b5-45a0-aed2-5b6d709f0ebf.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: 2018-11-02
Reporting Person: MASSENGILL MATTHEW E (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-11-02 | Common Stock | M | 89 | $0.0 | Acquired | 17848 | Direct |
| 2018-11-05 | Common Stock | S | 1681 | $47.6788 | Disposed | 16167 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-02 | Dividend Equivalent Rights | $ | M | 89.3698 | Disposed | Common Stock (89.3698) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 500 | 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 was also paid to the holder to settle a fractional dividend equivalent.
F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 1, 2018.
F3: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $47.22 to a high of $48.05. 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.