CORDANO MICHAEL D 4
4 · WESTERN DIGITAL CORP · Filed Jan 23, 2020
Insider Transaction Report
Form 4
CORDANO MICHAEL D
President, HGST Subsidiary
Transactions
- Sale
Common Stock
2020-01-23$71.56/sh−1,834$131,240→ 247,112 total - Sale
Common Stock
2020-01-23$70.69/sh−12,872$909,899→ 248,946 total - Award
Dividend Equivalent Rights
2020-01-21+699.35→ 6,076.856 total→ Common Stock (699.35 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 7, 2019.
- [F2]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $70.16 to a high of $71.15. 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]Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $71.19 to a high of $71.99. 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.
- [F4]The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.