SEC Form 4 · accession 0001363249-15-000017

WESTERN DIGITAL CORP · WDC

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

Reporting owner

Officer — EVP, Chief Strategy Officer

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	55	$0.00	A	28,136	D
Common Stock^F2	Sep 11, 2015	F	1,475	$80.53	D	26,661	D
Common Stock	Sep 14, 2015	S	1,354	$81.10	D	25,307	D
Common Stock	Sep 15, 2015	M	876	$48.63	A	26,183	D
Common Stock	Sep 15, 2015	S	876	$80.96	D	25,307	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	56	D	—	—	Common Stock	56	736	D
Employee Stock Option (right to buy)^F4	$48.63	Sep 15, 2015	M	876	D	Feb 13, 2014	Feb 13, 2020	Common Stock	876	16,652	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 $68.68 was also paid to the holder to settle a fractional dividend equivalent of 0.8528.
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 December 18, 2014.
F4The option vested 25% one year from the grant date of 2/13/2013, and an additional 6.25% vested at the end of each three-month period through 8/13/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 2/13/2017.