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Seagate Technology — Director's Dealing 2012
Jun 1, 2012
9954_dirs_2012-06-01_1d829507-067d-46b9-a6af-13be95ff3a03.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: 2012-06-01
Reporting Person: MASSARONI KENNETH M (EVP,General Counsel, CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-06-01 | Ordinary Shares | M | 15000 | $3.345 | Acquired | 35429 | Direct |
| 2012-06-01 | Ordinary Shares | S | 5000 | $22.8147 | Disposed | 30429 | Direct |
| 2012-06-01 | Ordinary Shares | S | 10000 | $22.8147 | Disposed | 20429 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2012-06-01 | NQ Stock Options | $3.345 | M | 15000 | Disposed | 2016-03-06 | Ordinary Shares (15000) | Direct |
Footnotes
F1: Shares were sold under a 10b5-1 Trading Plan adopted by the Reporting Person on November 17, 2011.
F2: Shares were sold under a 10b5-1 Trading Plan adopted by the Reporting Person on May 10, 2012.
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.