David Goeckeler - 08 Mar 2023 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: David Goeckeler
Issuer symbol
WDC
Transactions as of
08 Mar 2023
Net transactions value
-$8,107,037
Form type
4
Filing time
10 Mar 2023, 16:33:40 UTC
Previous filing
01 Mar 2023
Next filing
23 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Options Exercise $0 +5,109 +0.54% $0.000000 950,356 08 Mar 2023 Direct F1
transaction WDC Common Stock Tax liability $8,107,037 -213,906 -23% $37.90 736,450 08 Mar 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 -5,110 -100% $0.000000* 0 08 Mar 2023 Common Stock 5,110 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).