Form 4 for WDC Western Digital
Accepted 2023-05-24 00:00:00 ET · period of report 2023-05-23 · accession 0001266824-23-000023 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-05-24 | 2023-05-23 | WDC | Rayman Reed B | Dir | D - Sale to Iss | — | -5,198 | 0 | -100% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-23 | D | D | 5,198 | — | 0 | D | — | — | (F1) On May 23, 2023, with Mr. Rayman's consent, the Issuer's Board of Directors rescinded the unvested restricted stock unit grant made to him on January 31, 2023 as director compensation. Mr. Rayman is an employee of Apollo Global Management, Inc. or one of its affiliates ("Apollo"). Pursuant to arrangements between Mr. Rayman and Apollo, Mr. Rayman is required to transfer to Apollo any and all compensation received in connection with his directorship at the Issuer. In lieu of equity awards to Mr. Rayman, his director compensation will instead be paid in cash to Apollo. |