AI assistant
Seagate Technology — Director's Dealing 2012
May 16, 2012
9954_dirs_2012-05-16_cda97216-9de8-4563-ba47-fa7cccc5dea2.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2012-05-14
Reporting Person: MASSARONI KENNETH M (EVP,General Counsel, CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-14 | Ordinary Shares | M | 50000 | $24.125 | Acquired | 70429 | Direct |
| 2012-05-14 | Ordinary Shares | S | 50000 | $32.00 | Disposed | 20429 | Direct |
| 2012-05-15 | Ordinary Shares | M | 5000 | $3.345 | Disposed | 25429 | Direct |
| 2012-05-15 | Ordinary Shares | S | 5000 | $31.46 | Disposed | 20429 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-05-14 | NQ Stock Options | $24.125 | M | 50000 | Disposed | 2013-05-15 | Ordinary Shares (50000) | Direct |
| 2012-05-15 | NQ Stock Options | $3.345 | M | 5000 | Disposed | 2016-03-06 | Ordinary Shares (5000) | Direct |
Footnotes
F1: Shares were sold under a 10b5-1 Trading Plan adopted by the REporting Person on November 17, 2011.
F2: Options granted to the Reporting Person under the Seagate Technology's 2004 Stock Compensation Plan are subject to a four year vesting schedule. One quarter of the option shares vested on May 08, 2007. Following continuous employment, the remaining shares vest proportionally monthly over the 36 months following May 08, 2007.
F3: Options granted to the Reporting Person under the Seagate Technology's 2004 Stock Compensation Plan are subject to a four and half year vesting schedule. One quarter of the option shares vested on September 11, 2010 . Following continuous employment, the remaining shares vest proportionally monthly over the 36 months following September 11, 2010.