WESTERN DIGITAL CORP — Regulatory Filings 2009

Nov 16, 2009

S-8 1 a54345sv8.htm FORM S-8 sv8 PAGEBREAK

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As filed with the Securities and Exchange Commission on November 16, 2009

Registration No.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM S-8

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

WESTERN DIGITAL CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Delaware	33-0956711
(State or Other Jurisdiction of Incorporation or Organization)	(I.R.S. Employer Identification No.)

20511 Lake Forest Drive Lake Forest, California 92630 (Address, Including Zip Code, of Principal Executive Offices)

Western Digital Corporation Amended and Restated 2004 Performance Incentive Plan (Full Title of the Plan)

Raymond M. Bukaty Senior Vice President, Administration, General Counsel and Secretary Western Digital Corporation 20511 Lake Forest Drive Lake Forest, California 92630 (949) 672-7000 (Name, Address and Telephone Number, Including Area Code, of Agent for Service)

COPY TO:

J. Jay Herron, Esq. O’Melveny & Myers LLP 610 Newport Center Drive, 17 th Floor Newport Beach, California 92660

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer þ Accelerated filer o Non-accelerated filer o (Do not check if a smaller reporting company) Smaller reporting company o

CALCULATION OF REGISTRATION FEE

		Proposed
		Maximum	Maximum
Title of	Amount	Offering	Aggregate		Amount Of
Securities	To Be	Price	Offering		Registration
To Be Registered	Registered	Per Share	Price		Fee
Common Stock, $0.01 par value per share	14,500,000 (1)(2) shares	$ 37.06	(3)	$537,370,000	(3)	$29,986	(3)

| (1) | This Registration Statement covers, in addition to the number of shares of Western Digital Corporation, a Delaware
corporation (the “Company” or the “Registrant”), common stock, par value $0.01 per share (the “Common Stock”), stated above, options and
other rights to purchase or acquire the shares of Common Stock covered by this Registration Statement and, pursuant to Rule 416(c) under
the Securities Act of 1933, as amended (the “Securities Act”), an additional indeterminate number of shares, options and rights that may
be offered or issued pursuant to the Western Digital Corporation Amended and Restated 2004 Performance Incentive Plan (as amended, the
“2004 Plan”) as a result of one or more adjustments under the 2004 Plan to prevent dilution resulting from one or more stock splits,
stock dividends or similar transactions. |
| --- | --- |
| (2) | Each share of Common Stock is accompanied by a right to purchase one one-thousandth of a share of Series A Junior
Participating Preferred Stock pursuant to the Rights Agreement between the Company and American Stock Transfer and Trust Company, as
Rights Agent. |
| (3) | Pursuant to Securities Act Rule 457(h), the maximum offering price, per share and in the aggregate, and the registration
fee were calculated based upon the average of the high and low prices of the Common Stock on November 9, 2009, as quoted on the New York
Stock Exchange. |

The Exhibit Index for this Registration Statement is at page 7.

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TOC

TABLE OF CONTENTS

PART I
PART II
Item 3. Incorporation of Certain Documents by Reference
Item 5. Interests of Named Experts and Counsel
Item 8. Exhibits
SIGNATURES
EXHIBIT INDEX
EX-5
EX-23.1

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EXPLANATORY NOTE

This Registration Statement is filed by the Company to register additional securities issuable pursuant to the 2004 Plan and consists of only those items required by General Instruction E to Form S-8.

link1 " PART I"

PART I

INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS

The document(s) containing the information specified in Part I of Form S-8 will be sent or given to participants as specified by Securities Act Rule 428(b)(1).

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link1 "PART II"

PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

link2 "Item 3. Incorporation of Certain Documents by Reference"

Item 3. Incorporation of Certain Documents by Reference

The following documents of the Company filed with the Securities and Exchange Commission (the “Commission”) are incorporated herein by reference (excluding any portions of such documents that have been “furnished” but not “filed” for purposes of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)):

| (a) | The Company’s Annual Report on Form 10-K for its fiscal year ended July 3,
2009, filed with the Commission on August 14, 2009 (Commission File No. 001-08703); |
| --- | --- |
| (b) | The Company’s Quarterly Report on Form 10-Q for its fiscal quarter ended
October 2, 2009, filed with the Commission on October 29, 2009 (Commission File No.
001-08703); |
| (c) | The Company’s Current Reports on Form 8-K, filed with the Commission on
November 16, 2009, October 23, 2009 and August 25, 2009 (each, Commission File No.
001-08703); |
| (d) | The description of the Company’s Common Stock contained in its Registration
Statement on Form 8-B of Western Digital Technologies, Inc. (formerly known as Western
Digital Corporation prior to its adoption of a holding company organizational structure
effected pursuant to Section 251(g) of the Delaware General Corporation Law on April 6,
2001), filed with the Commission on April 3, 1986 (Commission File No. 001-08703), and
any other amendment or report filed for the purpose of updating such description; |
| (e) | The description of the Company’s Preferred Stock Purchase Rights contained in
its Registration Statement on Form 8-A12B, filed with the Commission on April 6, 2001
(Commission File No. 001-08703), and any amendment or report filed for the purpose of
updating such description; and |
| (f) | The Company’s Registration Statements on Form S-8 relating to the 2004 Plan,
filed with the Commission on November 18, 2005 (Commission File No. 333-129813) and
February 2, 2005 (Commission File No. 333-122475). |

All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference into this Registration Statement and to be a part hereof from the date of filing of such documents. Any statement contained herein or in a document, all or a portion of which is incorporated or deemed to be incorporated by reference herein, shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein

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modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or amended, to constitute a part of this Registration Statement.

link2 "Item 5. Interests of Named Experts and Counsel"

Item 5. Interests of Named Experts and Counsel

The validity of the issuance of Common Stock registered hereby is passed on for the Company by Raymond M. Bukaty. Mr. Bukaty is the Senior Vice President, Administration, General Counsel and Secretary of the Company and is compensated by the Company as an employee. Mr. Bukaty owns 29,952 shares of Common Stock, 37,801 restricted stock units that are payable in an equivalent number of shares of Common Stock, and Company stock options to acquire up to an additional 128,491 shares of Common Stock.

link2 "Item 8. Exhibits"

Item 8. Exhibits

See the attached Exhibit Index at page 7, which is incorporated herein by reference.

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link1 " SIGNATURES"

SIGNATURES

Pursuant to the requirements of the Securities Act, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Form S-8 Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Lake Forest, State of California, on November 16, 2009.

WESTERN DIGITAL CORPORATION
By:	/s/ John F. Coyne
	John F. Coyne
	President and Chief Executive Officer

POWER OF ATTORNEY

Each person whose signature appears below constitutes and appoints John F. Coyne and Raymond M. Bukaty, and each of them, acting individually and without the other, as his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place, and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or either of them individually, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

Signature	Title	Date
/s/ John F. Coyne	President and Chief Executive	November 16, 2009
John F. Coyne	Officer and Director
	(Principal Executive Officer)
/s/ Timothy M. Leyden	Executive Vice President and	November 16, 2009
Timothy M. Leyden	Chief Financial Officer
	(Principal Financial Officer)

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Signature	Title	Date
/s/ Joseph R. Carrillo	Vice President and Corporate Controller	November 16, 2009
Joseph R. Carrillo	(Principal Accounting Officer)
/s/ Thomas E. Pardun	Chairman	November 16, 2009
Thomas E. Pardun
/s/ Peter D. Behrendt	Director	November 16, 2009
Peter D. Behrendt
/s/ Kathleen A. Cote	Director	November 16, 2009
Kathleen A. Cote
/s/ Henry T. DeNero	Director	November 16, 2009
Henry T. DeNero
/s/ William L. Kimsey	Director	November 16, 2009
William L. Kimsey
/s/ Michael D. Lambert	Director	November 16, 2009
Michael D. Lambert
/s/ Matthew E. Massengill	Director	November 16, 2009
Matthew E. Massengill
/s/ Roger H. Moore	Director	November 16, 2009
Roger H. Moore
/s/ Arif Shakeel	Director	November 16, 2009
Arif Shakeel

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link1 "EXHIBIT INDEX"

EXHIBIT INDEX

Exhibit
Number	Description of Exhibit
4.	Western Digital Corporation Amended
and Restated 2004 Performance Incentive Plan. (Filed as Exhibit 10.1 of the Registrant's Current Report on Form 8-K filed with the Commission on November 16, 2009 (Commission File No. 001-08703) and incorporated herein by reference.)
5.	Opinion of Counsel (opinion re: legality).
23.1	Consent of KPMG LLP (consent of independent registered public accounting firm).
23.2	Consent of Counsel (included in Exhibit 5).
24.	Power of Attorney (included in this
Registration Statement under “Signatures”).

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