Current Report Filing (8-k)
January 26 2015 - 1:27PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
|
|
|
Date of Report (Date of Earliest Event Reported):
|
|
January 20, 2015
|
Western Digital Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
|
|
|
Delaware
|
001-08703
|
33-0956711
|
_____________________
(State or other jurisdiction
|
_____________
(Commission
|
______________
(I.R.S. Employer
|
of incorporation)
|
File Number)
|
Identification No.)
|
|
|
|
3355 Michelson Drive, Suite 100, Irvine, California
|
|
92612
|
_________________________________
(Address of principal executive offices)
|
|
___________
(Zip Code)
|
|
|
|
Registrants telephone number, including area code:
|
|
(949) 672-7000
|
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously disclosed in a Form 8-K filed with the Securities and Exchange Commission on August 6, 2014, each of the executive officers of the Company is eligible to receive a bonus award under the Company’s Incentive Compensation Plan (the "ICP") in an amount ranging from 0% to 200% of the executive’s target bonus opportunity for the six-month period ended January 2, 2015 based upon the Company’s performance during such period as measured against pre-established goals, and subject to upward or downward adjustment in the discretion of the Compensation Committee depending upon the executive’s individual and business group’s performance.
Effective January 20, 2015, for each executive officer the Compensation Committee determined the achievement and payout rate for the applicable performance goals under the ICP for the six-month period ended January 2, 2015. The Compensation Committee approved an incremental upward adjustment to the payout rate for Mr. Murphy resulting in an ICP bonus for the period of $343,750.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
|
|
|
|
|
|
Western Digital Corporation
|
|
|
|
|
|
January 26, 2015
|
|
By:
|
|
/s/ Michael C. Ray
|
|
|
|
|
|
|
|
|
|
Name: Michael C. Ray
|
|
|
|
|
Title: Senior Vice President, General Counsel and Secretary
|
Western Digital (NASDAQ:WDC)
Historical Stock Chart
From Apr 2024 to May 2024
Western Digital (NASDAQ:WDC)
Historical Stock Chart
From May 2023 to May 2024