Michael Charles Ray - Sep 3, 2023 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, 2023
Transactions value $
-$631,674
Form type
4
Date filed
9/6/2023, 05:29 PM
Previous filing
Aug 29, 2023
Next filing
Nov 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Tax liability -$480K -10.4K -5.41% $45.96 182K Sep 3, 2023 Direct F1
transaction WDC Common Stock Options Exercise $0 +183 +0.1% $0.00 183K Sep 4, 2023 Direct F2
transaction WDC Common Stock Tax liability -$152K -3.3K -1.81% $45.96 179K Sep 4, 2023 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 -183 -100% $0.00* 0 Sep 4, 2023 Common Stock 183 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.