SEC Form 4 · accession 0001363249-17-000008
WESTERN DIGITAL CORP · WDC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kathleen A Cote
Director
Period of report
Oct 30, 2017
Accepted (ET)
Nov 1, 2017 · 9:21 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 | Oct 30, 2017 | M | 1,595 | $32.99 | A | 16,421 | D | |
| Common StockF2 | Nov 1, 2017 | S | 2,000 | $90.6302 | D | 14,421 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $32.99 | Oct 30, 2017 | M | 1,595 | D | Nov 11, 2011 | Nov 11, 2017 | Common Stock | 1,595 | 0 | D |
Explanation of responses
- F1This transaction is an acquisition of stock pursuant to the exercise of a stock option that would have soon expired.
- F2Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $90.6301 to a high of $90.6310. 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.
- F3The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.