Michael Charles Ray - Aug 2, 2021 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Michael C. Ray
Stock symbol
WDC
Transactions as of
Aug 2, 2021
Transactions value $
-$71,935
Form type
4
Date filed
8/4/2021, 06:13 PM
Next filing
Aug 30, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Options Exercise $0 +282 +0.33% $0.00 85.1K Aug 2, 2021 Direct F1, F2
transaction WDC Common Stock Tax liability -$71.9K -1.11K -1.31% $64.69 83.9K Aug 2, 2021 Direct F3
holding WDC Common Stock 9.26 Aug 2, 2021 by Trust 401(K)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WDC Dividend Equivalent Rights Options Exercise $0 -283 -13.43% $0.00 1.82K Aug 2, 2021 Common Stock 283 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 was also paid to the holder to settle a fractional dividend equivalent.
F2 Includes 671 shares acquired under the Issuer's Employee Stock Purchase Plan on May 31, 2021.
F3 Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).