DeMaria Jacqueline 4
4 · WESTERN DIGITAL CORP · Filed Mar 8, 2018
Insider Transaction Report
Form 4
DeMaria Jacqueline
EVP & Chief Human Res Officer
Transactions
- Exercise/Conversion
Common Stock
2018-03-07+2,335→ 131,759 total - Tax Payment
Common Stock
2018-03-07$95.27/sh−17,987$1,713,621→ 113,772 total - Award
Common Stock
2018-03-06+74,139→ 129,424 total - Award
Dividend Equivalent Rights
2018-03-06+3,114.205→ 6,471.28 total→ Common Stock (3,114.205 underlying) - Exercise/Conversion
Dividend Equivalent Rights
2018-03-07−2,335.748→ 4,135.531 total→ Common Stock (2,335.748 underlying)
Footnotes (4)
- [F1]Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. Of these shares 37,071 vested on March 7, 2018 and 37,068 will vest on March 7, 2019.
- [F2]Represents dividend equivalents that 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 $71.30 was also paid to the Reporting Person to settle a fractional dividend equivalent of 0.7484.
- [F3]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- [F4]The dividend equivalents accrued in connection with a determination that the performance-based restricted stock units to which the dividend equivalents relate were achieved at a level greater than target.