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WESTERN DIGITAL CORP Director's Dealing 2019

Sep 7, 2019

30166_dirs_2019-09-06_d3a44083-d7d8-44a9-8fde-05aba6de4eee.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: 2019-09-04

Reporting Person: MILLIGAN STEPHEN D (Director, Chief Executive Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-09-04 Common Stock A 65701 $0.0 Acquired 318863 Direct
2019-09-04 Common Stock M 4372 $0.0 Acquired 323235 Direct
2019-09-04 Common Stock F 34741 $59.33 Disposed 288494 Direct
2019-09-04 Common Stock A 80903 $0.0 Acquired 369397 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-09-04 Dividend Equivalent Rights $ M 4372.9401 Disposed Common Stock (4372.9401) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 69311 Indirect

Footnotes

F1: Represents shares issued as payment in respect of the vesting of a performance-based restricted stock unit award.

F2: 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 performance-based restricted stock units to which the dividend equivalents relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent.

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

F4: Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

F5: The total number of derivative securities has been adjusted to reflect the cancellation of 1,162.5054 stock units previously credited in the form of dividend equivalent payments on stock units that did not vest.