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Seagate Technology — Director's Dealing 2012
Aug 29, 2012
9954_dirs_2012-08-29_d7bbd72a-c02f-4095-adbf-abb3ff80bbe2.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: 2012-08-27
Reporting Person: LUCZO STEPHEN J (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-08-27 | Ordinary Shares | M | 100000 | $22.695 | Acquired | 315880 | Direct |
| 2012-08-27 | Ordinary Shares | M | 10000 | $26.465 | Acquired | 325880 | Direct |
| 2012-08-27 | Ordinary Shares | M | 3334 | $6.525 | Acquired | 329214 | Direct |
| 2012-08-27 | Ordinary Shares | M | 729166 | $4.045 | Acquired | 1058380 | Direct |
| 2012-08-27 | Ordinary Shares | M | 197656 | $11.065 | Acquired | 1256036 | Direct |
| 2012-08-27 | Ordinary Shares | S | 607231 | $33.7702 | Disposed | 648805 | Direct |
| 2012-08-15 | Ordinary Shares | G | 25000 | — | Disposed | 2329692 | Indirect |
| 2012-08-22 | Ordinary Shares | G | 25000 | — | Disposed | 2304692 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-08-27 | NQ Options | $22.695 | M | 100000 | Disposed | 2013-10-26 | Ordinary Shares (100000) | Direct |
| 2012-08-27 | NQ Options | $26.465 | M | 10000 | Disposed | 2014-10-25 | Ordinary Shares (10000) | Direct |
| 2012-08-27 | NQ Options | $6.525 | M | 3334 | Disposed | 2015-10-30 | Ordinary Shares (3334) | Direct |
| 2012-08-27 | NQ Options | $4.045 | M | 729166 | Disposed | 2016-01-30 | Ordinary Shares (729166) | Direct |
| 2012-08-27 | NQ Options | $11.065 | M | 197656 | Disposed | 2017-09-13 | Ordinary Shares (197656) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 150000 | Indirect |
| Ordinary Shares | 150000 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging from $33.75 to $33.86, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2: Reflects a gift of 25,000 ordinary shares on August 15, 2012 and a gift of 25,000 shares on August 22, 2012 to the Fidelity Investments Charitable Gift Fund.
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 October 26, 2007. The remaining option shares vested proportionally annually thereafter on October 26.
F4: 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 October 15, 2008. The remaining option shares vest proportionally each month over the 36 months following October 15, 2008.
F5: 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 October 15, 2009. The remaining option shares vest proportionally each month over the 36 months following October 15, 2009.
F6: 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 January 12, 2010. The remaining option shares vest proportionally each month over the 36 months following January 12, 2010.
F7: 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 proportionally each month over the 36 months following September 13, 2011.