SEC Form 4 · accession 0001266824-15-000229
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula A Price
Director
Period of report
Nov 3, 2015
Accepted (ET)
Nov 5, 2015 · 8:23 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 StockF1 | Nov 3, 2015 | M | 48 | $0.00 | A | 3,288 | D | |
| Common StockF2 | Nov 4, 2015 | A | 3,282 | $0.00 | A | 6,570 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Nov 3, 2015 | M | 48 | D | — | — | Common Stock | 48 | 0 | D |
Explanation of responses
- F1The 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 restricted stock units to which the dividend equivalents relate. A cash amount equal to $1.27 was also paid to the holder to settle a fractional dividend equivalent of 0.0185.
- F2Represents the grant of restricted stock units to the reporting person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.