Statement of Changes in Beneficial Ownership (4)
September 17 2021 - 7:03PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Hunkler Sean |
2. Issuer Name and Ticker or Trading Symbol
WESTERN DIGITAL CORP
[
WDC
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) EVP, Global Operations |
(Last)
(First)
(Middle)
C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY |
3. Date of Earliest Transaction
(MM/DD/YYYY)
8/26/2021 |
(Street)
SAN JOSE, CA 95119
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 8/26/2021 | | A | | 811 (1) | A | $0 | 156560 (2) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Dividend Equivalent Rights | (3) | 8/26/2021 | | A | | 22.5675 | | (3) | (3) | Common Stock | 22.5675 | $0 | 1495.0347 (4) | D | |
Explanation of Responses: |
(1) | Represents stock units that have been earned by the Reporting Person as payment in respect of the vesting of performance-based restricted stock units. These shares are scheduled to vest on September 4, 2022. |
(2) | The amount of securities beneficially owned by the Reporting Person, as disclosed in two Form 4s filed by the Reporting Person on August 31, 2021 and September 7, 2021 (together, the "Subsequent Form 4s"), did not give effect to the transaction reported herein. As a result, the Subsequent Form 4s underreported the number of shares of the Issuer's common stock beneficially owned by the Reporting Person by 811 shares. As of the filing of this report and after giving effect to the transaction reported herein, the Reporting Person beneficially owns 156,560 shares of the Issuer's common stock. |
(3) | These shares represent the number of incremental dividend equivalents awarded based on the achievement rate of the related performance-based restricted stock units. |
(4) | The amount of securities beneficially owned by the Reporting Person, as disclosed in the Subsequent Form 4s, did not give effect to the transaction reported herein. As a result, the Subsequent Form 4s underreported the number of dividend equivalents beneficially owned by the Reporting Person by 22.5675. As of the filing of this report and after giving effect to the transaction reported herein, the Reporting Person beneficially owns 1,495.0347 dividend equivalents. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Hunkler Sean C/O WESTERN DIGITAL CORPORATION 5601 GREAT OAKS PARKWAY SAN JOSE, CA 95119 |
|
| EVP, Global Operations |
|
Signatures
|
/s/ Sandra Garcia Attorney-in-Fact for Sean Hunkler | | 9/17/2021 |
**Signature of Reporting Person | Date |
Western Digital (NASDAQ:WDC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Western Digital (NASDAQ:WDC)
Historical Stock Chart
From Apr 2023 to Apr 2024