SEC Form 4 · accession 0001266824-15-000038
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew E Massengill
Director
Period of report
Feb 12, 2015
Accepted (ET)
Feb 17, 2015 · 8:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000106040
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 12, 2015 | M | 2,126 | $32.99 | A | 11,151 | D | |
| Common Stock | Feb 12, 2015 | M | 3,607 | $25.79 | A | 14,758 | D | |
| Common StockF1 | Feb 12, 2015 | S | 5,733 | $107.2141 | D | 9,025 | D | |
| Common StockF2 | Feb 12, 2015 | S | 3,507 | $107.3572 | D | 500 | I | by IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $25.79 | Feb 12, 2015 | M | 3,607 | D | Nov 10, 2012 | Nov 10, 2018 | Common Stock | 3,607 | 2,164 | D |
| Non-Qualified Stock Option (right to buy)F4 | $32.99 | Feb 12, 2015 | M | 2,126 | D | Nov 11, 2011 | Nov 11, 2017 | Common Stock | 2,126 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $107.21 to a high of $107.2501. 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.
- F2Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $107.354 to a high of $107.374. 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.
- F3The option vested 25% one year from the grant date of 11/10/2011, and an additional 6.25% vested at the end of the three-month period on 2/10/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 11/10/2015.
- F4The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.