SEC Form 4 · accession 0001363249-15-000015

WESTERN DIGITAL CORP · WDC

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — President, HGST Subsidiary

Period of report

Sep 11, 2015

Accepted (ET)

Sep 15, 2015 · 7:22 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
Common Stock^F1	Sep 11, 2015	M	117	$0.00	A	70,411	D
Common Stock^F2	Sep 11, 2015	F	3,108	$80.53	D	67,303	D
Common Stock	Sep 11, 2015	M	5,896	$43.11	A	73,199	D
Common Stock	Sep 11, 2015	S	16,011	$80.49	D	57,188	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Dividend Equivalent Rights^F1	—	Sep 11, 2015	M	118	D	—	—	Common Stock	118	855	D
Employee Stock Option (right to buy)^F4	$43.11	Sep 11, 2015	M	5,896	D	Sep 6, 2013	Sep 6, 2019	Common Stock	5,896	23,584	D

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 equal to $47.07 was also paid to the holder to settle a fractional dividend equivalent of 0.5845.
F2Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F3These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2015.
F4The 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 9/6/2015. 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.