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

Role
Director
Signature
By: /s/ Sandra Garcia Attorney-in-Fact For: Reed Rayman
Stock symbol
WDC
Transactions as of
Jan 31, 2023
Transactions value $
$0
Form type
4
Date filed
2/2/2023, 08:44 PM
Previous filing
Jun 17, 2022
Next filing
May 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WDC Common Stock Award $0 +5.2K $0.00 5.2K Jan 31, 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.