SEC Form 4 · accession 0001266824-17-000003
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
Jan 9, 2017
Accepted (ET)
Jan 11, 2017 · 7:49 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 | Jan 9, 2017 | M | 5,896 | $43.11 | A | 61,767 | D | |
| Common Stock | Jan 9, 2017 | S | 5,896 | $70.90 | D | 55,871 | 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 | Jan 9, 2017 | M | 5,896 | D | Sep 6, 2013 | Sep 6, 2019 | Common Stock | 5,896 | 5,896 | 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 August 8, 2016.
- F2The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.