SEC Form 4 · accession 0001266824-16-000347
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Cordano
Officer — President and COO
Period of report
Aug 3, 2016
Accepted (ET)
Aug 5, 2016 · 2:40 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 StockF1,F2 | Aug 3, 2016 | A | 31,076 | $0.00 | A | 91,287 | 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)F3 | $44.78 | Aug 3, 2016 | A | 142,932 | A | Aug 3, 2017 | Aug 3, 2023 | Common Stock | 142,932 | 142,932 | D |
Explanation of responses
- F1Represents 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.
- F2Includes 317 shares acquired under the issuer's Employee Stock Purchase Plan on May 31, 2016.
- F3The option vests 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.