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WESTERN DIGITAL CORP — Director's Dealing 2019
Aug 7, 2019
30166_dirs_2019-08-06_eca4f9ad-2cb6-48e7-88b7-0855551259c2.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: 2019-08-02
Reporting Person: Sivaram Srinivasan (EVP, Silicon Technology & Mfg.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-02 | Common Stock | M | 195 | $0.0 | Acquired | 111256.498 | Direct |
| 2019-08-02 | Common Stock | F | 1082 | $54.39 | Disposed | 110174.498 | Direct |
| 2019-08-03 | Common Stock | M | 606 | $0.0 | Acquired | 110780.498 | Direct |
| 2019-08-03 | Common Stock | F | 3312 | $54.39 | Disposed | 107468.498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-08-02 | Dividend Equivalent Rights | $ | M | 195.4147 | Disposed | Common Stock (195.4147) | Direct | |
| 2019-08-03 | Dividend Equivalent Rights | $ | M | 606.8398 | Disposed | Common Stock (606.8398) | 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 was also paid to the holder to settle a fractional dividend equivalent.
F2: Includes 551 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2019.
F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).