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WESTERN DIGITAL CORP Director's Dealing 2018

Mar 9, 2018

30166_dirs_2018-03-08_e401746d-32d6-4b86-8c0f-9284a861d1ac.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: 2018-03-06

Reporting Person: DeMaria Jacqueline (EVP & Chief Human Res Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-03-06 Common Stock A 74139 $0.0 Acquired 129424 Direct
2018-03-07 Common Stock M 2335 $0.0 Acquired 131759 Direct
2018-03-07 Common Stock F 17987 $95.27 Disposed 113772 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-03-06 Dividend Equivalent Rights $ A 3114.2053 Acquired Common Stock (3114.2053) Direct
2018-03-07 Dividend Equivalent Rights $ M 2335.7484 Disposed Common Stock (2335.7484) Direct

Footnotes

F1: Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. Of these shares 37,071 vested on March 7, 2018 and 37,068 will vest on March 7, 2019.

F2: Represents dividend equivalents that 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 $71.30 was also paid to the Reporting Person to settle a fractional dividend equivalent of 0.7484.

F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).

F4: The dividend equivalents 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.