David Goeckeler - Mar 8, 2023 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: David Goeckeler
Stock symbol
WDC
Transactions as of
Mar 8, 2023
Transactions value $
-$8,107,037
Form type
4
Date filed
3/10/2023, 04:33 PM
Previous filing
Mar 1, 2023
Next filing
Jun 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Options Exercise $0 +5.11K +0.54% $0.00 950K Mar 8, 2023 Direct F1
transaction WDC Common Stock Tax liability -$8.11M -214K -22.51% $37.90 736K Mar 8, 2023 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 Options Exercise $0 -5.11K -100% $0.00* 0 Mar 8, 2023 Common Stock 5.11K 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 Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).