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WESTERN DIGITAL CORP — Director's Dealing 2020
Aug 5, 2020
30166_dirs_2020-08-04_54f4e23f-2e82-40e7-848b-72e2273738a8.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: 2020-08-02
Reporting Person: Sivaram Srinivasan (President, Tech & Strategy)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-08-02 | Common Stock | M | 282 | $0.0 | Acquired | 142007.498 | Direct |
| 2020-08-02 | Common Stock | F | 1112 | $43.1 | Disposed | 140895.498 | Direct |
| 2020-08-03 | Common Stock | M | 799 | $0.0 | Acquired | 141694.498 | Direct |
| 2020-08-03 | Common Stock | F | 3268 | $43.9 | Disposed | 138426.498 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-08-02 | Dividend Equivalent Rights | $ | M | 282.5516 | Disposed | Common Stock (282.5516) | Direct | |
| 2020-08-03 | Dividend Equivalent Rights | $ | M | 799.0622 | Disposed | Common Stock (799.0622) | 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 672 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2020.
F3: Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).