4//SEC Filing
Goeckeler David 4
Accession 0001363249-25-000007
CIK 0002023554other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 9:28 PM ET
Size
7.8 KB
Accession
0001363249-25-000007
Insider Transaction Report
Form 4
Sandisk CorpSNDK
Goeckeler David
DirectorChairman and CEO
Transactions
- Award
Common Stock
2025-02-21+92,417→ 270,765 total - Award
Common Stock
2025-02-21+215,181→ 485,946 total
Footnotes (3)
- [F1]In connection with the spin-off from Western Digital Corporation ("WDC") effective February 21, 2025, as further described in the Issuer's current report on Form 8-K filed on February 24, 2025 (the "Spin-Off"), each WDC Restricted Stock Unit ("WDC RSU") held by the reporting person immediately prior to the Spin-Off received one-third (1/3) of one share of Sandisk Restricted Stock Unit ("Sandisk RSU"), which shall have substantially the same vesting and other applicable terms and conditions as the corresponding WDC RSUs immediately prior to the Spin-Off.
- [F2]Includes 178,348 shares of Common Stock acquired in connection with the Spin-Off, where each WDC shareholder received one-third (1/3) of one share of Sandisk Common Stock for each share of WDC common stock held. Such acquisition was exempt from Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act") pursuant to Rule 16a-9 under the Exchange Act.
- [F3]In connection with the Spin-Off, each WDC Performance Stock Unit ("WDC PSU") held by the reporting person immediately prior to the Spin-Off received one-third (1/3) of one share of Sandisk time-based restricted stock unit. These awards shall have substantially the same vesting and other applicable terms and conditions as the corresponding WDC PSUs immediately prior to the Spin-Off, but excluding any performance-based conditions.
Documents
Issuer
Sandisk Corp
CIK 0002023554
Entity typeother
Related Parties
1- filerCIK 0001713941
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 9:28 PM ET
- Size
- 7.8 KB