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WESTERN DIGITAL CORP — Director's Dealing 2018
Jul 27, 2018
30166_dirs_2018-07-26_b08f174e-797e-4d92-b36a-a8f343c3fc2a.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: 2018-07-25
Reporting Person: LONG MARK P (Pres WD Capital, CSO & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-25 | Common Stock | A | 44749 | $0.0 | Acquired | 234733 | Direct |
| 2018-07-25 | Common Stock | M | 2344 | $0.0 | Acquired | 237077 | Direct |
| 2018-07-25 | Common Stock | F | 23348 | $75.63 | Disposed | 213729 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-25 | Dividend Equivalent Rights | $ | M | 2344.2306 | Disposed | Common Stock (2344.2306) | Direct |
Footnotes
F1: Represents shares issued as payment in respect of the vesting of a performance-based restricted stock unit award.
F2: 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 performance-based restricted stock units to which the dividend equivalents relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent.
F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F4: The total number of derivative securities has been adjusted to reflect an additional 716.2768 dividend equivalents which were accrued in connection with a determination that the performance-based restricted stock units to which the dividend equivalents relate were achieved at a level greater than target.