Form 4 for SNDK Sandisk
Accepted 2025-02-25 00:00:00 ET · period of report 2025-02-21 · accession 0001363249-25-000008 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2025-02-25 | 2025-02-21 | SNDK | Alexy Kimberly | Dir | A - Grant | — | +8,574 | 8,574 | New | — |
| 2025-02-25 | 2025-02-21 | SNDK | Alexy Kimberly | Dir | A - Grant | $0.00 | +1,252 | 1,252 | New | $0 |
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 | 2025-02-21 | A | A | 8,574 | — | 8,574 | I By Family Trust | — | — | (F1) The reporting person acquired these shares of Common Stock in connection with the spin-off from Western Digital Corporation ("WDC") effective February 21, 2025 (the "Spin-Off"), as further described in the Issuer's current report on Form 8-K filed on February 24, 2025, where each WDC shareholder received one-third (1/3) of one share of Sandisk Common Stock for each share of WDC common stock held. Such acquisitions were exempt from Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act") pursuant to Rule 16a-9 under the Exchange Act. |
| 2 | Common | Common Stock | 2025-02-21 | A | A | 1,252 | $0.00 | 1,252 | D | — | — | (F2) In connection with the Spin-Off, each WDC Restricted Stock Unit ("WDC RSU") held by the reporting person immediately prior to the Spin-Off received one-third (1/3) of one share of Sandisk Restricted Stock Unit ("Sandisk RSU"), which shall have substantially the same vesting and other applicable terms and conditions as the corresponding WDC RSUs immediately prior to the Spin-Off. |