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WESTERN DIGITAL CORP — Director's Dealing 2018
Feb 6, 2018
30166_dirs_2018-02-05_33543572-ebcf-489f-bbf4-bd683881d38a.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: 2018-02-01
Reporting Person: Fink Martin (EVP & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-02-01 | Common Stock | M | 215 | $0.0 | Acquired | 49993 | Direct |
| 2018-02-01 | Common Stock | F | 3341 | $87.65 | Disposed | 46652 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-02-01 | Dividend Equivalent Rights | $ | M | 215.554 | Disposed | Common Stock (215.554) | 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 $48.56 was also paid to the holder to settle a fractional dividend equivalent of 0.554.
F2: Includes 272 shares acquired under the Issuer's Employee Stock Purchase Plan on November 30, 2017.
F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).