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WDC » Topics » Option Exercises and Stock Vested - Fiscal 2007

This excerpt taken from the WDC DEF 14A filed Sep 24, 2007.
Option Exercises and Stock Vested — Fiscal 2007
 
The following table presents information regarding the exercise of stock options and the vesting of restricted stock or stock unit awards for our named executive officers during the fiscal year ended June 29, 2007.
 
                                 
                Stock Awards  
    Option Awards     Number of
 		       
    Number of
    Value
    Shares
 		    Value
 
    Shares
 		    Realized on
 		    Acquired on
 		    Realized on
 		 
    Acquired on
 		    Exercise
    Vesting
 		    Vesting
 
Name
  Exercise (#)     ($)(1)     (#)     ($)(2)  
 
John F. Coyne
    —       —       135,037       2,762,951  
Arif Shakeel
    112,500       976,500       1,475,867       28,826,442  
Matthew E. Massengill
    —       —       500,000       9,500,000  
Stephen D. Milligan
    78,657       665,788       99,584       1,800,253  
Timothy M. Leyden
    —       —       —       —  
Raymond M. Bukaty
    75,000       917,650       74,000       1,297,960  
Hossein M. Moghadam
    —       —       33,390       666,040  
 
 
(1) The amount shown for value realized on exercise of stock options equals the number of shares of our common stock acquired on exercise of the stock option multiplied by the difference between (i) the closing market price of a share of our common stock on the exercise date and (ii) the per-share exercise price of the stock option.
 
(2) The amount shown for value realized on vesting of stock awards equals the closing market price of a share of our common stock on the date of vesting multiplied by the number of shares or units that vested on that date.
 

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