SEC Form 4 · accession 0001266824-18-000096
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Lambert
Director
Period of report
May 16, 2018
Accepted (ET)
May 16, 2018 · 7:23 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 16, 2018 | M | 11,542 | $25.79 | A | 32,646 | D | |
| Common StockF1 | May 16, 2018 | S | 11,542 | $85.8778 | D | 21,104 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $25.79 | May 16, 2018 | M | 11,542 | D | Nov 10, 2012 | Nov 10, 2018 | Common Stock | 11,542 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $85.84 to a high of $85.90. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F2The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.