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WDC Western Digital Corporation

71.20
-1.40 (-1.93%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Western Digital Corporation NASDAQ:WDC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.40 -1.93% 71.20 70.67 71.60 72.7681 71.27 72.28 3,932,658 00:42:02

Statement of Changes in Beneficial Ownership (4)

03/05/2017 12:24am

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DeMaria Jacqueline
2. Issuer Name and Ticker or Trading Symbol

WESTERN DIGITAL CORP [ WDC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP & Chief Human Res Officer
(Last)          (First)          (Middle)

C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

5/1/2017
(Street)

SAN JOSE, CA 95119
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   5/1/2017     M (1)    7041   A $38.63   55951   (2) D    
Common Stock   5/1/2017     M (1)    2793   A $29.6   58744   D    
Common Stock   5/1/2017     M (1)    11576   A $43.11   70320   D    
Common Stock   5/1/2017     S (1)    16000   D $86.771   (3) 54320   D    
Common Stock   5/1/2017     S (1)    5410   D $87.7753   (4) 48910   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)   $29.6   5/1/2017     M   (1)       2793    9/14/2012   (5) 9/14/2018   Common Stock   2793   $0.0   0   D    
Employee Stock Option (right to buy)   $38.63   5/1/2017     M   (1)       7041    5/16/2013   (5) 5/16/2019   Common Stock   7041   $0.0   0   D    
Employee Stock Option (right to buy)   $43.11   5/1/2017     M   (1)       11576    9/6/2013   (5) 9/6/2019   Common Stock   11576   $0.0   0   D    

Explanation of Responses:
(1)  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.
(2)  Includes 1 share acquired under the Issuer's Employee Stock Purchase Plan on November 30, 2016.
(3)  Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $86.22 to a high of $87.19. 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.
(4)  Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $87.23 to a high of $88.31. 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.
(5)  The option vested 25% on the first anniversary of the grant date and 6.25% at the end of each three-month period thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DeMaria Jacqueline
C/O WESTERN DIGITAL CORPORATION
5601 GREAT OAKS PARKWAY
SAN JOSE, CA 95119


EVP & Chief Human Res Officer

Signatures
By: /s/ Sandra Garcia Attorney-in-Fact For: Jacqueline DeMaria 5/2/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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