SEC Form 4 · accession 0001266824-18-000219
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
Nov 3, 2018
Accepted (ET)
Nov 6, 2018 · 6:07 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 StockF1 | Nov 3, 2018 | M | 148 | $0.00 | A | 116,894 | D | |
| Common StockF2 | Nov 3, 2018 | F | 833 | $47.74 | D | 116,061 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF1 | — | Nov 3, 2018 | M | 149 | D | — | — | Common Stock | 149 | 5,369 | 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 was also paid to the holder to settle a fractional dividend equivalent.
- F2Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Remarks
The Reporting Person acquired 0.0791 shares of the Issuer's common stock under a reinvestment feature of the Issuer's 401(k) plan since his last filing. The reported indirect holdings are based on shares held under the Issuer's 401(k) plan as reported on November 1, 2018.