Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Seagate Technology Director's Dealing 2013

May 6, 2013

9954_dirs_2013-05-06_3b837dff-026d-47fb-89c7-c6c088d95e93.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2013-05-02

Reporting Person: PARK CHONG SUP (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-05-02 Ordinary Shares M 626 $6.525 Acquired 19729 Direct
2013-05-02 Ordinary Shares M 7083 $14.825 Acquired 26812 Direct
2013-05-02 Ordinary Shares S 7709 $38.05 Disposed 19103 Direct
2013-05-06 Ordinary Shares M 1666 $14.825 Acquired 20769 Direct
2013-05-06 Ordinary Shares S 1666 $41.951 Disposed 19103 Direct
2013-05-06 Ordinary Shares S 5000 $41.9515 Disposed 21698 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-05-02 NQ Stock Options $6.525 M 626 Disposed 2015-10-30 Ordinary Shares (626) Direct
2013-05-02 NQ Stock Options $14.825 M 7083 Disposed 2016-10-30 Ordinary Shares (7083) Direct
2013-05-06 NQ Stock Options $14.825 M 1666 Disposed 2016-10-30 Ordinary Shares (1666) Direct

Footnotes

F1: Shares sold under a 10b5-1 Trading Plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging from 41.95 to 41.96, 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.

F3: Options granted to the Reporting Person under the Seagate Technology 2004 Stock Compensation Plan are subject to a four year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on October 15, 2009. The remaining options vested in equal installments over the 36 months following October 15, 2009.

F4: Options granted to the Reporting Person under the Seagate Technology 2004 Stock Compensation Plan are subject to a four year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on October 15, 2010. The remaining options vest in equal installments over the 36 months following October 15, 2010.