SEC Form 4 · accession 0001266824-18-000055

WESTERN DIGITAL CORP · WDC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — EVP, Chief Legal Officer & Sec

Period of report

Mar 6, 2018

Accepted (ET)

Mar 8, 2018 · 7:20 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^F1	Mar 6, 2018	A	80,586	$0.00	A	119,522	D
Common Stock^F2	Mar 7, 2018	M	2,538	$0.00	A	122,060	D
Common Stock^F3	Mar 7, 2018	F	21,235	$95.27	D	100,825	D
Common Stock	holding	—	—		—	9	I	by Trust 401(K)

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Dividend Equivalent Rights^F4	—	Mar 6, 2018	A	3,385	A	—	—	Common Stock	3,385	7,216	D
Dividend Equivalent Rights^F2	—	Mar 7, 2018	M	2,539	D	—	—	Common Stock	2,539	4,678	D

F1Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. Of these shares 40,293 vested on March 7, 2018 and 40,293 will vest on March 7, 2019.
F2Represents dividend equivalents that 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 $72.23 was also paid to the Reporting Person to settle a fractional dividend equivalent of 0.7582.
F3Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F4The dividend equivalents accrued in connection with a determination that the performance-based restricted stock units to which the dividend equivalents relate were achieved at a level greater than target.