SEC Form 4 · accession 0001363249-15-000020
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Charles Ray
Officer — Sr. VP, Gen Cnsl & Secretary
Period of report
Sep 11, 2015
Accepted (ET)
Sep 15, 2015 · 7:23 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 StockF1 | Sep 11, 2015 | M | 45 | $0.00 | A | 18,891 | D | |
| Common StockF2 | Sep 11, 2015 | F | 1,214 | $80.53 | D | 17,677 | D | |
| Common Stock | Sep 14, 2015 | S | 1,114 | $81.10 | D | 16,563 | D | |
| Common Stock | holding | — | — | — | 8 | I | by Trust 401(K) |
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 | — | Sep 11, 2015 | M | 46 | D | — | — | Common Stock | 46 | 221 | 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 equal to $77.85 was also paid to the holder to settle a fractional dividend equivalent of 0.9667.
- F2Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F3The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on April 30, 2015.