David Goeckeler - Jun 15, 2022 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role
Chief Executive Officer, Director
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: David Goeckeler
Stock symbol
WDC
Transactions as of
Jun 15, 2022
Transactions value $
$0
Form type
4
Date filed
6/17/2022, 06:47 PM
Previous filing
Apr 7, 2022
Next filing
Aug 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Award $0 +432K +135.44% $0.00 752K Jun 15, 2022 Direct F1
transaction WDC Common Stock Award $0 +100K +13.31% $0.00 852K Jun 15, 2022 Direct 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 Dividend Equivalent Rights Award $0 +5.11K $0.00 5.11K Jun 15, 2022 Common Stock 5.11K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a sign-on award of 432,489 performance stock units (PSUs) granted to the Reporting Person on March 9, 2020 and amended on June 15, 2022 to remove the performance conditions and provide that the amended award will vest at 100% on March 8, 2023. Each PSU represents a contingent right to receive one share of the Issuer's common stock.
F2 Consists of a June 15, 2022 award of 100,100 restricted stock units (RSUs) granted to the Reporting Person, with 30% and 70% vesting on June 15, 2023 and June 15, 2024, respectively. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
F3 The dividend equivalent rights accrued on previously awarded PSUs which vest proportionately with the PSUs to which they relate on March 8, 2023. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.