Lauer Len J 4
4 · WESTERN DIGITAL CORP · Filed Nov 3, 2017
Insider Transaction Report
Form 4
Lauer Len J
Director
Transactions
- Exercise/Conversion
Common Stock
2017-11-01+112→ 69,470 total - Award
Common Stock
2017-11-02+3,047→ 72,517 total - Exercise/Conversion
Dividend Equivalent Rights
2017-11-01−112.066→ 0 total→ Common Stock (112.066 underlying)
Footnotes (2)
- [F1]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 $5.85 was also paid to the holder to settle a fractional dividend equivalent of 0.0656.
- [F2]Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.