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WESTERN DIGITAL CORP — Director's Dealing 2021
Sep 1, 2021
30166_dirs_2021-08-31_1cd4d431-5f23-4e3f-9d0c-cb7e662c66c8.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: 2021-08-27
Reporting Person: RAY MICHAEL CHARLES (EVP, Chief Legal Officer & Sec)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-27 | Common Stock | A | 17295 | $0.0 | Acquired | 107270 | Direct |
| 2021-08-30 | Common Stock | M | 743 | $0.0 | Acquired | 108013 | Direct |
| 2021-08-30 | Common Stock | F | 5192 | $62.07 | Disposed | 102821 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-30 | Dividend Equivalent Rights | $ | M | 743.5915 | Disposed | Common Stock (743.5915) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 9.2601 | Indirect |
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).
F4: Balance reflects the adjustments made in connection with the cancellation of the dividend stock equivalents referenced in a Form 4 filed for the reporting person on August 30, 2021.