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Seagate Technology — Director's Dealing 2011
Nov 8, 2011
9954_dirs_2011-11-08_e7bf09f2-1570-4dac-8c49-272d6899a43d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2011-11-04
Reporting Person: MOSLEY WILLIAM D (EVP, Sales and Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-11-04 | Ordinary Shares | M | 100000 | $4.045 | Acquired | 122290.5977 | Direct |
| 2011-11-04 | Ordinary Shares | S | 100000 | $18.00 | Disposed | 22290.5977 | Direct |
| 2011-11-07 | Ordinary Shares | M | 19814 | $13.73 | Acquired | 42104.5977 | Direct |
| 2011-11-07 | Ordinary Shares | S | 19814 | $18.50 | Disposed | 22290.5977 | Direct |
| 2011-11-07 | Ordinary Shares | M | 1019 | $13.73 | Acquired | 23309.5977 | Direct |
| 2011-11-07 | Ordinary Shares | M | 10000 | $4.045 | Acquired | 33309.5977 | Direct |
| 2011-11-07 | Ordinary Shares | S | 11019 | $18.5 | Disposed | 22290.5977 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-11-04 | NQ Stock Option | $4.045 | M | 100000 | Disposed | 2016-01-30 | Ordinary Shares (100000) | Direct |
| 2011-11-04 | NQ Stock Option | $13.73 | M | 19814 | Disposed | 2015-09-12 | Ordinary Shares (19814) | Direct |
| 2011-11-07 | NQ Stock Option | $13.73 | M | 1019 | Disposed | 2015-09-12 | Ordinary Shares (1019) | Direct |
| 2011-11-07 | NQ Stock Option | $4.045 | M | 10000 | Disposed | 2016-01-30 | Ordinary Shares (10000) | Direct |
Footnotes
F1: Includes 686 shares purchased under the employee stock purchase plan on July 29, 2011.
F2: On July 8, 2011, the Compensation Committee of the Board of Directors of the Issuer authorized and confirmed that the performance metrics were met with respect to 5,500 of the 22,000 Performance Shares granted to Mr. Mosley on September 13, 2010 and reported on Mr. Mosley's Form 4 dated September 15, 2010.
F3: The Sale reported on this Form 4 was affected by a 10b5-1 trading plan adopted by the Reporting Person on May 24, 2011.
F4: The Sale reported on this Form 4 was affected by a 10b5-1 trading plan adopted by the Reporting Person on February 22, 2011.
F5: Options granted to the Reporting Person under the 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the shares vested on January 30, 2010. The remaining shares vest proportionally each month over the 36 months following January 30, 2010.
F6: Options granted to the Reporting Person under the 2004 Stock Compensation Plan and are subject to a four-year vesting schedule. One quarter of the shares vested as of September 12, 2009. The remainder of the shares vested proportionally each month over the 36 months following September 12, 2009.