SEC Form 4 · accession 0001266824-19-000046
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Srinivasan Sivaram
Officer — EVP, Silicon Technology & Mfg.
Period of report
Feb 16, 2019
Accepted (ET)
Feb 20, 2019 · 8:15 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 | Feb 16, 2019 | M | 874 | $0.00 | A | 115,802 | D | |
| Common StockF2 | Feb 16, 2019 | F | 3,860 | $47.65 | D | 111,942 | D | |
| Common StockF1 | Feb 17, 2019 | M | 437 | $0.00 | A | 112,379 | D | |
| Common StockF2 | Feb 17, 2019 | F | 1,869 | $47.65 | D | 110,510 | D |
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 | — | Feb 16, 2019 | M | 874 | D | — | — | Common Stock | 874 | 5,481 | D |
| Dividend Equivalent RightsF1 | — | Feb 17, 2019 | M | 437 | D | — | — | Common Stock | 437 | 5,044 | 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).