SEC Form 4 · accession 0001266824-19-000053
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark P Long
Officer — Pres WD Capital, CSO & CFO
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 7:56 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 | Mar 7, 2019 | M | 9,842 | $0.00 | A | 221,877 | D | |
| Common StockF2 | Mar 7, 2019 | F | 63,033 | $46.99 | D | 158,844 | 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 | — | Mar 7, 2019 | M | 8,603 | D | — | — | Common Stock | 8,603 | 6,139 | D |
| Dividend Equivalent RightsF1 | — | Mar 7, 2019 | M | 1,240 | D | — | — | Common Stock | 1,240 | 4,899 | 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).