SEC Form 4 · accession 0001266824-17-000199
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Long
Officer — Pres WD Capital, CSO & CFO
Period of report
Sep 11, 2017
Accepted (ET)
Sep 13, 2017 · 7:39 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 | Sep 11, 2017 | M | 249 | $0.00 | A | 86,939 | D | |
| Common StockF2 | Sep 11, 2017 | F | 1,576 | $87.38 | D | 85,363 | D | |
| Common Stock | Sep 12, 2017 | S | 1,446 | $87.63 | D | 83,917 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Sep 11, 2017 | M | 249 | D | — | — | Common Stock | 249 | 6,179 | D |
Explanation of responses
- F1The dividend equivalents were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalents relate. A cash amount equal to $9.44 was also paid to the holder to settle a fractional dividend equivalent of 0.1080.
- F2Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 16, 2017.