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Seagate Technology — Director's Dealing 2014
Jul 25, 2014
9954_dirs_2014-07-25_a8445c57-b172-429c-a106-a99d29f964c5.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: 2014-07-23
Reporting Person: MASSARONI KENNETH M (EVP,General Counsel, CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-07-23 | Ordinary Shares | A | 5250 | — | Acquired | 50871 | Direct |
| 2014-07-23 | Ordinary Shares | A | 6000 | — | Acquired | 56871 | Direct |
| 2014-07-23 | Ordinary Shares | A | 17000 | — | Acquired | 73871 | Direct |
Footnotes
F1: On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,250 of the 21,000 Performance Share Units granted to Mr. Massaroni on September 9, 2013. The 5,250 Ordinary Shares will vest on September 9, 2014, subject to the continuous service through such date.
F2: Includes 166 Ordinary Shares purchased by the Reporting Person on January 31, 2014 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.
F3: On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 6,000 of the 24,000 Performance Share Units granted to Mr. Massaroni on September 10, 2012. The 6,000 Ordinary Shares will vest on September 10, 2014, subject to the continuous service through such date.
F4: On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 17,000 of the 68,000 Performance Share Units granted to Mr. Massaroni on September 12, 2011. The 17,000 Ordinary Shares will vest on September 12, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.