1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ------------- FORM 8-K CURRENT REPORT Pursuant to Selection 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) January 9, 1997 WESTERN DIGITAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 1-8703 95-2647125 (State or other (Commission (IRS Employer jurisdiction of File Number) Identification No.) incorporation) 8105 Irvine Center Drive, Irvine, California 92618 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (714) 932-5000 N/A (Former name or former address, if changed since last report) 2 Item 5. Other Events The Rights Agreement dated as of December 1, 1988, by and between Western Digital Corporation, a Delaware corporation (the "Company"), and American Stock Transfer & Trust Company, a New York corporation (successor-in-interest to First Interstate Bank, Ltd.) (the "Rights Agent"), as amended by that certain Amendment No. 1 to Rights Agreement dated as of August 10, 1990, by and between the Company and the Rights Agent (collectively, the "Rights Agreement"), was amended as of January 15, 1997 in order to increase the initial Purchase Price for each one one-hundredth of a share of Preferred Stock from $50.00 to $300.00. The amendment described above was effected by that certain Amendment No. 2 to Rights Agreement dated as of January 15, 1997, by and between the Company and the Rights Agent. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits Exhibit Description ------- ----------- 1 Amendment No. 2 to Rights Agreement dated as of January 15, 1997, by and between Western Digital Corporation and American Stock Transfer & Trust Company, as Rights Agent 3 SIGNATURE 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. Date: January 15, 1997 WESTERN DIGITAL CORPORATION By: /S/ MICHAEL A. CORNELIUS ------------------------------------- Michael A. Cornelius Vice President-Law and Administration and Corporate Secretary 2