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Seagate Technology — Director's Dealing 2013
Nov 5, 2013
9954_dirs_2013-11-05_b4384d12-529e-4bda-aa45-677bc10d2976.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: 2013-11-01
Reporting Person: Richarz David K (Executive Vice President,Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-01 | Ordinary Shares | M | 16650 | $15.4865 | Acquired | 75995 | Direct |
| 2013-11-01 | Ordinary Shares | M | 60000 | $13.73 | Acquired | 135995 | Direct |
| 2013-11-01 | Ordinary Shares | S | 135995 | $49.1176 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-01 | NQ Stock Options | $15.4865 | M | 16650 | Disposed | 2015-03-14 | Ordinary Shares (16650) | Direct |
| 2013-11-01 | NQ Stock Options | $13.73 | M | 60000 | Disposed | 2015-09-12 | Ordinary Shares (60000) | Direct |
Footnotes
F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $48.86 to $49.38, 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 ranges set forth in the footnote of this Form 4.
F2: Options Granted under the Maxtor 1996 option plan and converted to Seagate options in May 2006 pursuant to the merger agreement at an exchange ratio of .37 per share.
F3: Options granted to the Reporting Person under the Seagate Technology's 2004 Stock Compensation Plan are subject to four-year vesting schedule. One quarter of the option shares vested on September 12, 2009. The remaining options vested monthly over the 36 months following September 12, 2009.