Reed B. Rayman - 31 Jan 2023 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Role: Director
Signature: By: /s/ Sandra Garcia Attorney-in-Fact For: Reed Rayman
Issuer symbol: WDC
Transactions as of: 31 Jan 2023
Net transactions value: $0
Form type: 4
Filing time: 02 Feb 2023, 20:44:55 UTC
Previous filing: 17 Jun 2022
Next filing: 24 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WDC	Common Stock	Award	$0	+5,198		$0.000000	5,198	31 Jan 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of restricted stock units as director compensation. Shares issued as director compensation will be issued to an affiliate of Apollo Global Management, Inc. ("Apollo"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2	Mr. Rayman is associated with Apollo and its affiliated investment funds, including AP WD Holdings, L.P., which holds convertible perpetual preferred shares of common stock of the Issuer. This report does not include any securities of the Issuer that are held by or that may be deemed to be beneficially owned by Apollo or AP WD Holdings, L.P. Mr. Rayman disclaims beneficial ownership of all such securities, and this report shall not be deemed an admission that Mr. Rayman is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

Content

Represents the grant of restricted stock units as director compensation. Shares issued as director compensation will be issued to an affiliate of Apollo Global Management, Inc. ("Apollo"). Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.

Mr. Rayman is associated with Apollo and its affiliated investment funds, including AP WD Holdings, L.P., which holds convertible perpetual preferred shares of common stock of the Issuer. This report does not include any securities of the Issuer that are held by or that may be deemed to be beneficially owned by Apollo or AP WD Holdings, L.P. Mr. Rayman disclaims beneficial ownership of all such securities, and this report shall not be deemed an admission that Mr. Rayman is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.