SEC Form 4 · accession 0001266824-18-000062
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
Mar 12, 2018
Accepted (ET)
Mar 13, 2018 · 8:14 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 | Mar 12, 2018 | S | 5,399 | $100.00 | D | 95,426 | D | |
| Common Stock | Mar 13, 2018 | M | 10,767 | $84.39 | A | 106,193 | D | |
| Common Stock | Mar 13, 2018 | S | 10,767 | $104.39 | D | 95,426 | 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 | $84.39 | Mar 13, 2018 | M | 10,767 | D | Aug 4, 2016 | Aug 4, 2022 | Common Stock | 10,767 | 6,460 | 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 8/4/15, and an additional 6.25% vested at the end of each three-month period through 2/4/18. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/4/2019.