Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

WESTERN DIGITAL CORP Director's Dealing 2018

May 31, 2018

30166_dirs_2018-05-30_94521b50-7b99-45e4-be83-20c38d35a924.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2018-05-29

Reporting Person: Sivaram Srinivasan (EVP, Memory Technology)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-05-29 Common Stock M 25362 $44.78 Acquired 110910.498 Direct
2018-05-29 Common Stock M 6322 $30.2 Acquired 117232.498 Direct
2018-05-29 Common Stock M 12139 $36.87 Acquired 129371.498 Direct
2018-05-29 Common Stock M 18968 $40.63 Acquired 148339.498 Direct
2018-05-29 Common Stock S 2700 $86.7548 Disposed 145639.498 Direct
2018-05-29 Common Stock S 61179 $86.3415 Disposed 84460.498 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-05-29 Employee Stock Option (right to buy) $30.2 M 6322 Disposed 2020-06-27 Common Stock (6322) Direct
2018-05-29 Employee Stock Option (right to buy) $36.87 M 12139 Disposed 2021-02-17 Common Stock (12139) Direct
2018-05-29 Employee Stock Option (right to buy) $40.63 M 18968 Disposed 2022-02-16 Common Stock (18968) Direct
2018-05-29 Employee Stock Option (right to buy) $44.78 M 25362 Disposed 2023-08-03 Common Stock (25362) 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 2, 2017, as amended on February 26, 2018.

F2: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $86.695 to a high of $86.90. 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.

F3: Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $85.695 to a high of $86.69. 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: The option vests in substantially equal installments at the end of each three-month period through June 28, 2017. The first installment became exercisable on June 28, 2016.

F5: The option vests in substantially equal installments at the end of each three-month period through February 18, 2018. The first installment became exercisable on May 18, 2016.

F6: The option vests in substantially equal installments at the end of each three-month period through February 17, 2019. The first installment became exercisable on May 17, 2016.

F7: The option vested 25% one year from the grant date of 8/3/2016, and an additional 6.25% vested at the end of each three-month period through 5/3/2018. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/3/2020.