SEC Form 4 · accession 0001363249-15-000004
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Murphy
Officer — President, WD Subsidiary
Period of report
Jun 18, 2015
Accepted (ET)
Jun 22, 2015 · 7:56 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 | Jun 18, 2015 | M | 3,016 | $29.60 | A | 55,698 | D | |
| Common Stock | Jun 18, 2015 | M | 3,480 | $43.11 | A | 59,178 | D | |
| Common StockF1 | Jun 18, 2015 | S | 6,829 | $92.3814 | D | 52,349 | D |
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 | $29.60 | Jun 18, 2015 | M | 3,016 | D | Sep 14, 2012 | Sep 14, 2018 | Common Stock | 3,016 | 3,017 | D |
| Employee Stock Option (right to buy)F3 | $43.11 | Jun 18, 2015 | M | 3,480 | D | Sep 6, 2013 | Sep 6, 2019 | Common Stock | 3,480 | 17,401 | 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 $92.0190 to a high of $92.40. 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% one year from the grant date of 9/14/2011, and an additional 6.25% vested at the end of each three-month period through 6/14/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 9/14/2015.
- F3The option vested 25% one year from the grant date of 9/6/2012, and an additional 6.25% vested at the end of each three-month period through 6/6/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 9/6/2016.