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Seagate Technology — Director's Dealing 2012
Jan 13, 2012
9954_dirs_2012-01-13_35818a1a-d144-42f6-92d5-17b74b0d1775.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: 2011-01-11
Reporting Person: LUCZO STEPHEN J (Director, Chairman, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-01-11 | Ordinary Shares | M | 20000 | $4.045 | Acquired | 58750 | Direct |
| 2012-01-11 | Ordinary Shares | S | 20000 | $18.616 | Disposed | 38750 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-01-11 | NQ Stock Options | $4.045 | M | 20000 | Disposed | 2016-01-30 | Ordinary Shares (20000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 5092192 | Indirect |
| Ordinary Shares | 490367 | Indirect |
| Ordinary Shares | 425951 | Indirect |
Footnotes
F1: Shares were sold under a 10b5-1 plan adopted by the Reporting Person on May 27, 2011.
F2: Includes 20,000 transferred from direct to indirect holdings on January 10, 2012. On November 8, 2011, sell to cover transaction resulted in 484,067 net shares purchased. On November 16, 2011 Reporting person transferred 464,067 shares to Luczo Revocable Trust resulting in net shares held as 58,750 shares.
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 January 12, 2010. The remaining option shares are vesting and will continue to vest proportionally each month over the 36 months following January 12, 2010.