Michael Charles Ray - Sep 3, 2022 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
Sep 3, 2022
Transactions value $
-$371,768
Form type
4
Date filed
9/6/2022, 05:12 PM
Previous filing
Aug 30, 2022
Next filing
Nov 29, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Tax liability -$150K -3.6K -2.03% $41.65 174K Sep 3, 2022 Direct F1
transaction WDC Common Stock Options Exercise $0 +290 +0.17% $0.00 174K Sep 4, 2022 Direct F2
transaction WDC Common Stock Tax liability -$222K -5.33K -3.06% $41.65 169K Sep 4, 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 -291 -61.39% $0.00 183 Sep 4, 2022 Common Stock 291 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.