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WESTERN DIGITAL CORP — Director's Dealing 2020
Sep 9, 2020
30166_dirs_2020-09-08_b2f5e8e3-0368-44b9-869c-571489ba35ee.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: 2020-09-03
Reporting Person: Hunkler Sean (EVP, Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-03 | Common Stock | A | 31821 | $0.0 | Acquired | 164472 | Direct |
| 2020-09-04 | Common Stock | M | 112 | $0.0 | Acquired | 164584 | Direct |
| 2020-09-04 | Common Stock | F | 1440 | $38.16 | Disposed | 163144 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-04 | Dividend Equivalent Rights | $ | M | 112.865 | Disposed | Common Stock (112.865) | Direct |
Footnotes
F1: 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.
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 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).