4//SEC Filing
DeMaria Jacqueline 4
Accession 0001266824-17-000175
CIK 0000106040other
Filed
Aug 6, 8:00 PM ET
Accepted
Aug 7, 8:04 PM ET
Size
19.5 KB
Accession
0001266824-17-000175
Insider Transaction Report
Form 4
DeMaria Jacqueline
EVP & Chief Human Res Officer
Transactions
- Exercise/Conversion
Common Stock
2017-08-03$44.78/sh+14,358$642,951→ 75,772 total - Sale
Common Stock
2017-08-03$84.53/sh−14,358$1,213,613→ 61,414 total - Exercise/Conversion
Common Stock
2017-08-03+174→ 61,588 total - Tax Payment
Common Stock
2017-08-03$84.51/sh−3,348$282,939→ 58,240 total - Exercise/Conversion
Common Stock
2017-08-04+175→ 58,415 total - Tax Payment
Common Stock
2017-08-04$81.17/sh−1,428$115,911→ 56,987 total - Exercise/Conversion
Dividend Equivalent Rights
2017-08-03−174.141→ 2,837.084 total→ Common Stock (174.141 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2017-08-04−175.044→ 2,662.039 total→ Common Stock (175.044 underlying) - Exercise/Conversion
Employee Stock Option (right to buy)
2017-08-03−14,358→ 43,070 totalExercise: $44.78From: 2017-08-03Exp: 2023-08-03→ Common Stock (14,358 underlying)
Footnotes (6)
- [F1]These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 17, 2017.
- [F2]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $84.26 to a high of $84.98. 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.
- [F3]The 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 $11.89 was also paid to the holder to settle a fractional dividend equivalent of 0.1407.
- [F4]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F5]The 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 $3.59 was also paid to the holder to settle a fractional dividend equivalent of 0.0442.
- [F6]The option vested 25% one year from the grant date of 8/3/2016. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 8/3/2020.
Documents
Issuer
WESTERN DIGITAL CORP
CIK 0000106040
Entity typeother
Related Parties
1- filerCIK 0001657678
Filing Metadata
- Form type
- 4
- Filed
- Aug 6, 8:00 PM ET
- Accepted
- Aug 7, 8:04 PM ET
- Size
- 19.5 KB