Srinivasan Sivaram - Feb 15, 2022 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role
President, Tech & Strategy
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Srinivasan Sivaram
Stock symbol
WDC
Transactions as of
Feb 15, 2022
Transactions value $
-$145,015
Form type
4
Date filed
2/17/2022, 03:43 PM
Previous filing
Sep 7, 2021
Next filing
Apr 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Options Exercise $462K +11.4K +4.47% $40.63 266K Feb 15, 2022 Direct F1
transaction WDC Common Stock Sale -$607K -11.4K -4.28% $53.37 255K Feb 15, 2022 Direct F1, F2

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 Employee Stock Option (right to buy) Options Exercise $0 -11.4K -100% $0.00* 0 Feb 15, 2022 Common Stock 11.4K $40.63 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 12, 2021.
F2 Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $53.108 to a high of $53.70. 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 The option vested in substantially equal installments at the end of each three-month period through February 17, 2019. The first installment became exercisable on May 17, 2016.