SEC Form 4 · accession 0001266824-18-000044
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Charles Ray
Officer — EVP, Chief Legal Officer & Sec
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 7:17 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 | Feb 23, 2018 | M | 1,208 | $68.53 | A | 40,144 | D | |
| Common Stock | Feb 23, 2018 | S | 1,208 | $88.53 | D | 38,936 | D | |
| Common Stock | holding | — | — | — | 9 | I | by Trust 401(K) |
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 | $68.53 | Feb 23, 2018 | M | 1,208 | D | Nov 3, 2016 | Nov 3, 2022 | Common Stock | 1,208 | 8,456 | 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 October 30, 2017.
- F2The option vested 25% one year from the grant date of 11/3/2015, and an additional 6.25% vested at the end of each three-month period through 2/3/18. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 11/3/2019.