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

Jul 30, 2013

9954_dirs_2013-07-30_38e15592-9ea9-42e7-b315-d9bd0faf50d0.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: 2013-07-26

Reporting Person: MORTON DAVID H JR (VP, FINANCE, TREASURER & PAO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-07-26 Ordinary Shares M 3333 $3.345 Acquired 28608 Direct
2013-07-26 Ordinary Shares M 1146 $11.065 Acquired 29754 Direct
2013-07-26 Ordinary Shares M 1219 $11.155 Acquired 30973 Direct
2013-07-26 Ordinary Shares S 5689 $42.1536 Disposed 25284 Direct
2013-07-26 Ordinary Shares S 9 $41.04 Disposed 25275 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-07-26 NQ Stock Options $3.345 M 3333 Disposed 2016-03-06 Ordinary Shares (3333) Direct
2013-07-26 NQ Stock Options $11.065 M 1146 Disposed 2017-09-13 Ordinary Shares (1146) Direct
2013-07-26 NQ Stock Options $11.155 M 1219 Disposed 2018-09-12 Ordinary Shares (1219) Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. Shares were sold in multiple transactions at sales prices ranging from $42.10 to $42.21, inclusive. The Reporting Person undertakes to provide 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: Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four and a half year vesting schedule. One quarter of the option shares vested on September 11, 2010. The remaining options vest in equal monthly installments over the 36 months following September 11, 2010.

F3: 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 options vest in equal monthly installments over the 36 months following September 13, 2011.

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 September 12, 2012. The remaining options vest in equal monthly installments over the 36 months following September 12, 2012.