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WESTERN DIGITAL CORP — Director's Dealing 2018
Jul 19, 2018
30166_dirs_2018-07-18_a0c14042-7203-4660-ba9c-6f8a2ce67d26.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: 2018-07-16
Reporting Person: LONG MARK P (Pres WD Capital, CSO & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-07-16 | Common Stock | M | 272 | $0.0 | Acquired | 190119 | Direct |
| 2018-07-16 | Common Stock | F | 135 | $77.41 | Disposed | 189984 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-07-16 | Dividend Equivalent Rights | $ | A | 1743.9744 | Acquired | Common Stock (1743.9744) | Direct | |
| 2018-07-16 | Dividend Equivalent Rights | $ | M | 272.2115 | Disposed | Common Stock (272.2115) | Direct |
Footnotes
F1: Represents dividend equivalents accrued in connection with the dividend paid on July 16, 2018 that were converted into, and paid in the form of shares of the Issuer's common stock on a one-for-one basis as a result of 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: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F3: The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.