AI assistant
Seagate Technology — Director's Dealing 2013
Aug 14, 2013
9954_dirs_2013-08-14_53ffc787-7bf4-4141-866a-5cedebeafbff.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2013-08-13
Reporting Person: MORTON DAVID H JR (VP, FINANCE, TREASURER & PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-08-13 | Ordinary Shares | M | 1667 | $3.345 | Acquired | 27204 | Direct |
| 2013-08-13 | Ordinary Shares | M | 573 | $11.065 | Acquired | 27777 | Direct |
| 2013-08-13 | Ordinary Shares | M | 609 | $11.155 | Acquired | 28386 | Direct |
| 2013-08-13 | Ordinary Shares | S | 3111 | $41.34 | Disposed | 25275 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-08-13 | NQ Stock Options | $3.345 | M | 1667 | Disposed | 2016-03-06 | Ordinary Shares (1667) | Direct |
| 2013-08-13 | NQ Stock Options | $11.065 | M | 573 | Disposed | 2017-09-13 | Ordinary Shares (573) | Direct |
| 2013-08-13 | NQ Stock Options | $11.155 | M | 609 | Disposed | 2018-09-12 | Ordinary Shares (609) | Direct |
Footnotes
F1: On July 31, 2013, the Reporting Person purchased 262 Ordinary Shares under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
F2: Shares sold under a 10b5-1 Trading Plan.
F3: 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 options vested on September 11, 2010. The remaining options vest in equal monthly installments over the 36 months following September 11, 2010.
F4: 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 options vested on September 13, 2011. The remaining options vest in equal monthly installments over the 36 months following September 13, 2011.
F5: 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 options vested on September 12, 2012. The remaining options vest in equal monthly installments over the 36 months following September 12, 2012.