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Seagate Technology — Director's Dealing 2014
Nov 3, 2014
9954_dirs_2014-11-03_291d170a-eae0-49fb-ad94-2b49b2b5100b.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: 2014-10-30
Reporting Person: Richarz David K (Executive Vice President,Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-10-30 | Ordinary Shares | M | 3750 | $11.065 | Acquired | 141534 | Direct |
| 2014-10-30 | Ordinary Shares | S | 8317 | $59.8622 | Disposed | 133217 | Direct |
| 2014-10-31 | Ordinary Shares | S | 57100 | $62.1747 | Disposed | 76117 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-10-30 | NQ Stock Options | $11.065 | M | 3750 | Disposed | 2017-09-13 | Ordinary Shares (3750) | Direct |
Footnotes
F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.85 to $59.88, 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: These Ordinary Shares were sold to cover the tax liabilities arising from the vesting of securities previously reported on one or more Forms 4 by the Reporting Person.
F3: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $62.04 to $62.4643, 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.
F4: Options granted to the Reporting Person under the Seagate Technology'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 vested in equal monthly installments over the 36 months following September 13, 2011.