Reed B. Rayman - May 23, 2023 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role
Director
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Reed B. Rayman
Stock symbol
WDC
Transactions as of
May 23, 2023
Transactions value $
$0
Form type
4
Date filed
5/24/2023, 05:28 PM
Previous filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Disposed to Issuer -5.2K -100% 0 May 23, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 23, 2023, with Mr. Rayman's consent, the Issuer's Board of Directors rescinded the unvested restricted stock unit grant made to him on January 31, 2023 as director compensation. Mr. Rayman is an employee of Apollo Global Management, Inc. or one of its affiliates ("Apollo"). Pursuant to arrangements between Mr. Rayman and Apollo, Mr. Rayman is required to transfer to Apollo any and all compensation received in connection with his directorship at the Issuer. In lieu of equity awards to Mr. Rayman, his director compensation will instead be paid in cash to Apollo.