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Seagate Technology — Director's Dealing 2012
Nov 26, 2012
9954_dirs_2012-11-26_ce18753d-c512-4ddd-925c-544d33a7fa69.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: 2012-11-21
Reporting Person: MORTON DAVID H JR (VP, FINANCE, TREASURER & PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-11-21 | Ordinary Shares | M | 3333 | $3.345 | Acquired | 28798 | Direct |
| 2012-11-21 | Ordinary Shares | M | 1145 | $11.065 | Acquired | 29943 | Direct |
| 2012-11-21 | Ordinary Shares | M | 1219 | $11.155 | Acquired | 31162 | Direct |
| 2012-11-21 | Ordinary Shares | S | 5697 | $27.25 | Disposed | 25465 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-11-21 | NQ Stock Options | $3.345 | M | 3333 | Disposed | 2016-03-06 | Ordinary Shares (3333) | Direct |
| 2012-11-21 | NQ Stock Options | $11.065 | M | 1145 | Disposed | 2017-09-13 | Ordinary Shares (1145) | Direct |
| 2012-11-21 | NQ Stock Options | $11.155 | M | 1219 | Disposed | 2018-09-12 | Ordinary Shares (1219) | Direct |
Footnotes
F1: Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four and a half year vesting schedule. One quarter of the option shares vested on September 11, 2010. Following continuous employment, the remaining option shares vest in equal monthly installments over the 36 months following September 11, 2010.
F2: Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining option shares vest in equal monthly installments over the 36 months following September 13, 2011.
F3: Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 12, 2012. The remaining option shares vested in equal monthly installments over the 36 months following September 12, 2012.