WESTERN DIGITAL CORP — Director's Dealing 2018

Jul 4, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2018-06-30

Reporting Person: LONG MARK P (Pres WD Capital, CSO & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-06-30	Common Stock	M	1964	$0.0	Acquired	209568	Direct
2018-06-30	Common Stock	F	12188	$77.41	Disposed	197380	Direct
2018-07-01	Common Stock	M	1447	$0.0	Acquired	198827	Direct
2018-07-01	Common Stock	F	8980	$77.41	Disposed	189847	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-06-30	Dividend Equivalent Rights	$	M	1964.5556	Disposed		Common Stock (1964.5556)	Direct
2018-07-01	Dividend Equivalent Rights	$	M	1447.5351	Disposed		Common Stock (1447.5351)	Direct

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 equal to $43.01 was also paid to the holder to settle a fractional dividend equivalent of 0.5556. Balance excludes the dividend equivalents that will be earned in connection with the June 29, 2018 dividend record date. The related dividend equivalents will be determined on the July 16, 2018 dividend payable date.

F2: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).

F3: 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 equal to $41.42 was also paid to the holder to settle a fractional dividend equivalent of 0.5351. Balance excludes the dividend equivalents that will be earned in connection with the June 29, 2018 dividend record date. The related dividend equivalents will be determined on the July 16, 2018 dividend payable date.