SEC Form 4 · accession 0001266824-17-000108
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 18, 2017
Accepted (ET)
May 22, 2017 · 6:38 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 18, 2017 | M | 3,225 | $40.63 | A | 66,922 | D | |
| Common Stock | May 18, 2017 | M | 3,983 | $36.87 | A | 70,905 | D | |
| Common Stock | May 18, 2017 | S | 5,266 | $84.8214 | D | 65,639 | D | |
| Common Stock | May 18, 2017 | S | 1,942 | $85.4559 | 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)F2 | $36.87 | May 18, 2017 | M | 3,983 | D | May 18, 2016 | Feb 17, 2021 | Common Stock | 3,983 | 11,950 | D |
| Employee Stock Option (right to buy)F3 | $40.63 | May 18, 2017 | M | 3,225 | D | May 17, 2016 | Feb 16, 2022 | Common Stock | 3,225 | 22,571 | 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.
- F2The option vests in substantially equal installments at the end of each three-month period through February 18, 2018. The first installment became exercisable on May 18, 2016.
- F3The 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.