SEC Form 4 · accession 0001266824-17-000091
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Manish H Bhatia
Officer — EVP Silicon Operations
Period of report
May 1, 2017
Accepted (ET)
May 2, 2017 · 7:22 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 | May 1, 2017 | M | 13,295 | $40.63 | A | 76,992 | D | |
| Common StockF2 | May 1, 2017 | S | 10,100 | $86.7798 | D | 66,892 | D | |
| Common StockF3 | May 1, 2017 | S | 3,195 | $87.7862 | D | 63,697 | 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)F4 | $40.63 | May 1, 2017 | M | 13,295 | D | May 17, 2016 | Feb 16, 2022 | Common Stock | 13,295 | 25,796 | 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 13, 2017.
- F2Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $86.30 to a high of $87.29. 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.
- F3Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $87.30 to a high of $88.25. 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.
- F4The option vests in substantially equal installments at the end of each three-month period through February 17, 2019. The first installment became exercisable on May 17, 2016.