SEC Form 4 · accession 0001266824-16-000469
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanjay Mehrotra
Director
Period of report
Dec 9, 2016
Accepted (ET)
Dec 13, 2016 · 7:29 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 | Dec 9, 2016 | M | 100,000 | $40.85 | A | 104,089 | D | |
| Common StockF1 | Dec 9, 2016 | S | 95,200 | $68.0478 | D | 8,889 | D | |
| Common StockF2 | Dec 9, 2016 | S | 4,800 | $68.6677 | D | 4,089 | D | |
| Common Stock | holding | — | — | — | 9,208 | I | By Family Trust | |
| Common Stock | holding | — | — | — | 19,192 | I | by GRAT |
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 | $40.85 | Dec 9, 2016 | M | 100,000 | D | — | May 12, 2017 | Common Stock | 100,000 | 279,350 | 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 $67.585 to a high of $68.58. 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 $68.595 to a high of $68.86. 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 stock option is fully vested and immediately exercisable.