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WESTERN DIGITAL CORP — Director's Dealing 2021
Sep 18, 2021
30166_dirs_2021-09-17_cc4061fb-7537-4be2-bc72-1fb0f55ff4af.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: 2021-08-26
Reporting Person: Hunkler Sean (EVP, Global Operations)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-26 | Common Stock | A | 811 | — | Acquired | 156560 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-26 | Dividend Equivalent Rights | $ | A | 22.5675 | Acquired | Common Stock (22.5675) | Direct |
Footnotes
F1: Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. These shares are scheduled to vest on September 4, 2022.
F2: The amount of securities beneficially owned by the Reporting Person, as disclosed in two Form 4s filed by the Reporting Person on August 31, 2021 and September 7, 2021 (together, the "Subsequent Form 4s"), did not give effect to the transaction reported herein. As a result, the Subsequent Form 4s underreported the number of shares of the Issuer's common stock beneficially owned by the Reporting Person by 811 shares. As of the filing of this report and after giving effect to the transaction reported herein, the Reporting Person beneficially owns 156,560 shares of the Issuer's common stock.
F3: These shares represent the number of incremental dividend equivalents awarded based on the achievement rate of the related performance-based restricted stock units.
F4: The amount of securities beneficially owned by the Reporting Person, as disclosed in the Subsequent Form 4s, did not give effect to the transaction reported herein. As a result, the Subsequent Form 4s underreported the number of dividend equivalents beneficially owned by the Reporting Person by 22.5675. As of the filing of this report and after giving effect to the transaction reported herein, the Reporting Person beneficially owns 1,495.0347 dividend equivalents.