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WESTERN DIGITAL CORP — Director's Dealing 2019
Aug 7, 2019
30166_dirs_2019-08-06_c3cb15a0-1663-4e49-bf3f-de846e4a8ddb.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: RAY MICHAEL CHARLES (EVP, Chief Legal Officer & Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-08-02 | Common Stock | M | 195 | $0.0 | Acquired | 101783 | Direct |
| 2019-08-02 | Common Stock | F | 1552 | $54.39 | Disposed | 100231 | Direct |
| 2019-08-03 | Common Stock | M | 734 | $0.0 | Acquired | 100965 | Direct |
| 2019-08-03 | Common Stock | F | 4146 | $54.39 | Disposed | 96819 | 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 | 734.8336 | Disposed | Common Stock (734.8336) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9.0103 | Indirect |
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 325 shares acquired under the issuer's Employee Stock Purchase Plan on May 31, 2019. The reporting owner additionally acquired an aggregate of 0.1664 shares of WDC common stock under a reinvestment feature of the Issuer's 401(k) plan since his last filing. The reported indirect holdings are based on shares held under the 401(k) plan as reported on August 1, 2019.
F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).