0001363249-15-000002.txt : 20150323
0001363249-15-000002.hdr.sgml : 20150323
20150323193411
ACCESSION NUMBER: 0001363249-15-000002
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150319
FILED AS OF DATE: 20150323
DATE AS OF CHANGE: 20150323
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: WESTERN DIGITAL CORP
CENTRAL INDEX KEY: 0000106040
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572]
IRS NUMBER: 330956711
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0628
BUSINESS ADDRESS:
STREET 1: 3355 MICHELSON DRIVE
STREET 2: SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92612
BUSINESS PHONE: 9496727000
MAIL ADDRESS:
STREET 1: 3355 MICHELSON DRIVE
STREET 2: SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92612
FORMER COMPANY:
FORMER CONFORMED NAME: GENERAL DIGITAL CORP
DATE OF NAME CHANGE: 19730125
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MILLIGAN STEPHEN D
CENTRAL INDEX KEY: 0001277246
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-08703
FILM NUMBER: 15720246
MAIL ADDRESS:
STREET 1: C/O WESTERN DIGITAL CORPORATION
STREET 2: 3355 MICHELSON DRIVE, SUITE 100
CITY: IRVINE
STATE: CA
ZIP: 92612
4
1
edgardoc.xml
PRIMARY DOCUMENT
X0306
4
2015-03-19
0
0000106040
WESTERN DIGITAL CORP
WDC
0001277246
MILLIGAN STEPHEN D
C/O WESTERN DIGITAL CORPORATION
3355 MICHELSON DRIVE, SUITE 100
IRVINE
CA
92612
1
1
0
0
President & CEO
Common Stock
2015-03-19
4
M
0
6164.0
43.11
A
144372
D
Common Stock
2015-03-19
4
M
0
7712.0
38.19
A
152084
D
Common Stock
2015-03-19
4
S
0
13876.0
98.6707
D
138208
D
Common Stock
2015-03-19
4
M
0
789.0
0.0
A
138997
D
Common Stock
2015-03-19
4
F
0
9049.0
99.3
D
129948
D
Common Stock
2015-03-20
4
S
0
7504.0
99.7892
D
122444
D
Common Stock
2015-03-20
4
S
0
10782.0
100.4369
D
111662
D
Dividend Equivalent Rights
2015-03-19
4
M
0
789.9383
0.0
D
Common Stock
789.9383
4607.9676
D
Employee Stock Option (right to buy)
38.19
2015-03-19
4
M
0
7712.0
0.0
D
2013-03-19
2019-03-19
Common Stock
7712
30850
D
Employee Stock Option (right to buy)
43.11
2015-03-19
4
M
0
6164.0
0.0
D
2013-09-06
2019-09-16
Common Stock
6164
36981
D
These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2014.
Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $98.16 to a high of $99.10. 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.
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 $93.17 was also paid to the holder to settle a fractional dividend equivalent of 0.9383.
Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 10, 2014.
Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $99.15 to a high of $100.14. 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.
Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $100.15 to a high of $101.02. 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.
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.
The option vested 25% one year from the grant date of 3/19/2012, and an additional 6.25% vested at the end of each three-month period through 3/19/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 3/19/2016.
The option vested 25% one year from the grant date of 9/6/2012, and an additional 6.25% vested at the end of each three-month period through 3/6/2015. The remaining shares subject to the option will vest at 6.25% at the end of each three-month period until fully vested on 9/6/2016.
By: /s/ Van Huynh Attorney-in-Fact For: Stephen D. Milligan
2015-03-23