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Seagate Technology — Director's Dealing 2013
Jul 30, 2013
9954_dirs_2013-07-30_a74eab01-859c-48cd-a1f3-ad2366ddd0cc.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: 2013-07-26
Reporting Person: Richarz David K (Executive Vice President,Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-07-26 | Ordinary Shares | M | 150000 | $24.63 | Acquired | 172725 | Direct |
| 2013-07-26 | Ordinary Shares | M | 12500 | $3.345 | Acquired | 185225 | Direct |
| 2013-07-26 | Ordinary Shares | M | 16875 | $11.065 | Acquired | 202100 | Direct |
| 2013-07-26 | Ordinary Shares | S | 179375 | $41.3529 | Disposed | 22725 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-07-26 | NQ Stock Options | $24.63 | M | 150000 | Disposed | 2014-09-13 | Ordinary Shares (150000) | Direct |
| 2013-07-26 | NQ Stock Options | $3.345 | M | 12500 | Disposed | 2016-03-06 | Ordinary Shares (12500) | Direct |
| 2013-07-26 | NQ Stock Options | $11.065 | M | 16875 | Disposed | 2017-09-13 | Ordinary Shares (16875) | Direct |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging from $41.00 to $41.61, 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.
F2: 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 13, 2008. The remaining options vested proportionally each month over the 36 months following September 13, 2008.
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 option shares vested on September 11, 2010. The remaining options vest proportionally each month 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 option shares vested on September 13, 2011. The remaining options vest proportionally each month over the 36 months following September 13, 2011.