Western Digital Corp - Feb 13, 2025 Form 4 Insider Report for Sandisk Corp (SNDK)

Role: 10%+ Owner
Signature: /s/ Brandi R. Steege, Assistant Secretary
Stock symbol: SNDK
Transactions as of: Feb 13, 2025
Transactions value $: $0
Form type: 4
Date filed: 2/14/2025, 05:44 PM
Previous filing: Jan 31, 2025
Next filing: Feb 25, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SNDK	Common Stock	Award	$0	+29.9M	+25.97%	$0.00	145M	Feb 13, 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On February 13, 2024, Sandisk Corporation ("Sandisk") issued an additional 29,863,251 shares of its common stock to Western Digital Corporation ("WDC"), its sole stockholder, such that WDC holds an aggregate 144,863,251 shares of Sandisk common stock. These additional shares were issued to WDC to facilitate WDC's distribution of 80.1% of Sandisk common stock to WDC stockholders of record as of February 12, 2025, in connection with WDC's previously announced spin-off of its flash business.

Content

On February 13, 2024, Sandisk Corporation ("Sandisk") issued an additional 29,863,251 shares of its common stock to Western Digital Corporation ("WDC"), its sole stockholder, such that WDC holds an aggregate 144,863,251 shares of Sandisk common stock. These additional shares were issued to WDC to facilitate WDC's distribution of 80.1% of Sandisk common stock to WDC stockholders of record as of February 12, 2025, in connection with WDC's previously announced spin-off of its flash business.