SEC Form 4 · accession 0001266824-15-000052
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Cordano
Officer — President, HGST Subsidiary
Period of report
Mar 6, 2015
Accepted (ET)
Mar 9, 2015 · 7:04 pm EDT
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 | Mar 6, 2015 | M | 5,896 | $43.11 | A | 91,854 | D | |
| Common Stock | Mar 6, 2015 | S | 5,896 | $104.7662 | D | 85,958 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $43.11 | Mar 6, 2015 | M | 5,896 | D | Sep 6, 2013 | Sep 6, 2019 | Common Stock | 5,896 | 35,375 | D |
Explanation of responses
- F1These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 21, 2014.
- F2The option vested 25% one year from the grant date of 9/6/2012, and an additional 6.25% vested at the end of each three-month period through 3/6/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 9/6/2016.