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Seagate Technology — Director's Dealing 2012
Oct 26, 2012
9954_dirs_2012-10-26_f8d45af1-c72c-4397-bb7a-7afc2441ad16.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: 2012-10-24
Reporting Person: PARK CHONG SUP (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-10-24 | Ordinary Shares | A | 8235 | $0.00 | Acquired | 26453 | Direct |
| 2012-10-24 | Ordinary Shares | S | 6100 | $27.6069 | Disposed | 20353 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 25448 | Indirect |
Footnotes
F1: Consists of a grant of restricted share units awarded to the Reporting Person. The restricted share units will be converted into Ordinary Shares on a one-for-one basis upon distribution. Subject to the Reporting Person's continuous service with the Company, the distribution of Ordinary Shares to the Reporting Person will occur upon the earlier of (i) one year form the date of grant and (ii) one day prior to the next annual general meeting of the shareholders.
F2: On October 18, 2012, the Reporting Person transferred 1,250 shares form direct holdings to the trust. Such transfer is exempt from reporting pursuant to Rule 16a-13 under the Securities Exchange Act of 1934.
F3: Shares sold under a 10b5-1 Trading Plan to pay tax liabilities resulting from the vesting of restricted stock unit shares. These shares were sold in multiple transactions at sales prices ranging from $27.601 to $27.62, 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.