Michael Charles Ray - Aug 27, 2022 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role
EVP, Chief Legal Officer & Sec
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Michael C. Ray
Stock symbol
WDC
Transactions as of
Aug 27, 2022
Transactions value $
-$188,975
Form type
4
Date filed
8/30/2022, 06:26 PM
Previous filing
Aug 26, 2022
Next filing
Sep 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Tax liability -$97.5K -2.14K -1.18% $45.49 179K Aug 27, 2022 Direct F1
transaction WDC Common Stock Options Exercise $0 +281 +0.16% $0.00 179K Aug 30, 2022 Direct F2
transaction WDC Common Stock Tax liability -$91.5K -2.11K -1.18% $43.36 177K Aug 30, 2022 Direct F1

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 -281 -37.21% $0.00 474 Aug 30, 2022 Common Stock 281 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
F2 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.