Filing Details

Accession Number:
0001266824-17-000154
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-07-20 21:07:43
Reporting Period:
2017-07-19
Filing Date:
2017-07-20
Accepted Time:
2017-07-20 21:07:43
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
106040 Western Digital Corp WDC Computer Storage Devices (3572) 330956711
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1593123 P Mark Long C/O Western Digital Corporation
5601 Great Oaks Parkway
San Jose CA 95119
Pres Wd Capital, Cso & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2017-07-19 1,545 $0.00 53,551 No 4 M Direct
Common Stock Acquisiton 2017-07-19 56,551 $0.00 110,102 No 4 A Direct
Common Stock Disposition 2017-07-19 12,609 $94.48 97,493 No 4 F Direct
Common Stock Disposition 2017-07-19 17,028 $93.84 80,465 No 4 S Direct
Common Stock Disposition 2017-07-20 11,557 $94.82 68,908 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Dividend Equivalent Rights Disposition 2017-07-19 1,546 $0.00 1,546 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,536 No 4 M Direct
Footnotes
  1. With respect to the dividend equivalents, an additional 2,502.8198 dividend equivalents were accrued in connection with a determination that the performance-based restricted stock units to which the dividend equivalents relate were achieved at a level greater than target. Of the total 3,863.6843 accrued dividend equivalents, 1,545 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 the performance-based restricted stock units to which the dividend equivalents relate, and the remaining accrued dividend equivalents will convert into, and be paid in the form of, shares of the Issuers common stock in connection with the vesting of the performance-based restricted stock unit award to which the dividend equivalents relate. A cash amount equal to $51.21 was also paid to the holder to settle a fractional dividend of 0.5420.
  2. Represents shares issued as payment in respect of the vesting of a performance-based restricted stock unit award. Of the total 56,551 shares, 22,621 vested on 7/22/2016, 22,620 shares will vest on 6/30/2018, and 11,310 shares will vest on 6/30/2019.
  3. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
  4. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.
  5. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $93.48 to a high of $94.31. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
  6. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $94.28 to a high of $95.01. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.