Michael Charles Ray - 03 Sep 2023 Form 4 Insider Report for WESTERN DIGITAL CORP (WDC)

Reporting relationship: EVP, Chief Legal Officer & Sec
Issuer ticker: WDC
Reported as of: 03 Sep 2023
Net transaction value: -$631,674
SEC form: 4
Accepted by SEC: 06 Sep 2023, 17:29:52 UTC
Prior SEC filing: 29 Aug 2023
Next SEC filing: 21 Nov 2023
Source filing: View source filing
Reporting owner signature: By: /s/ Sandra Garcia Attorney-in-Fact For: Michael C. Ray

Key filing fact

Michael Charles Ray filed Form 4 for WESTERN DIGITAL CORP (WDC) on 06 Sep 2023.

Key facts

This page summarizes Michael Charles Ray's Form 4 filing for WESTERN DIGITAL CORP (WDC).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Sep 2023, 17:29.

Change

Previous filing in this sequence was filed on 29 Aug 2023.
Current net transaction value: -$631,674.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

WDC transaction

Common Stock

Tax liability

Transaction value: $479,868
Shares: -10,441
Change %: -5.4%
Price: $45.96
Shares after: 182,475
Date: 03 Sep 2023
Ownership: Direct
Footnotes: F1

WDC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +183
Change %: +0.1%
Price: $0.000000
Shares after: 182,658
Date: 04 Sep 2023
Ownership: Direct
Footnotes: F2

WDC transaction

Common Stock

Tax liability

Transaction value: $151,806
Shares: -3,303
Change %: -1.8%
Price: $45.96
Shares after: 179,355
Date: 04 Sep 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

WDC transaction Derivative

Dividend Equivalent Rights

Options Exercise

Transaction value: $0
Shares: -183
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 04 Sep 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 183
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).

Footnote 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.