AI assistant
WESTERN DIGITAL CORP — Director's Dealing 2022
Jun 18, 2022
30166_dirs_2022-06-17_b5df5e54-355a-4c38-83a6-22acb0a437bb.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: WESTERN DIGITAL CORP (WDC)
CIK: 0000106040
Period of Report: 2022-06-15
Reporting Person: Goeckeler David (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-06-15 | Common Stock | A | 432489 | $0.0 | Acquired | 751807 | Direct |
| 2022-06-15 | Common Stock | A | 100100 | $0.0 | Acquired | 851907 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-06-15 | Dividend Equivalent Rights | $ | A | 5109.7472 | Acquired | Common Stock (5109.7472) | Direct |
Footnotes
F1: Consists of a sign-on award of 432,489 performance stock units (PSUs) granted to the Reporting Person on March 9, 2020 and amended on June 15, 2022 to remove the performance conditions and provide that the amended award will vest at 100% on March 8, 2023. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
F2: Consists of a June 15, 2022 award of 100,100 restricted stock units (RSUs) granted to the Reporting Person, with 30% and 70% vesting on June 15, 2023 and June 15, 2024, respectively. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3: The dividend equivalent rights accrued on previously awarded PSUs which vest proportionately with the PSUs to which they relate on March 8, 2023. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.