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Seagate Technology — Director's Dealing 2015
Sep 23, 2015
9954_dirs_2015-09-23_a2b4b6d3-3caa-4152-88d0-fa7dc7ae8063.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: 2015-09-10
Reporting Person: MORTON DAVID H JR (SVP, FINANCE, TREASURER & PAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-09-10 | Ordinary Shares | F | 922 | $50.10 | Disposed | 24141 | Direct |
| 2015-09-11 | Ordinary Shares | F | 1034 | $49.22 | Disposed | 23107 | Direct |
| 2015-09-14 | Ordinary Shares | F | 1100 | $48.94 | Disposed | 22007 | Direct |
| 2015-09-21 | Ordinary Shares | A | 4396 | $0.00 | Acquired | 26403 | Direct |
| 2015-09-23 | Ordinary Shares | F | 2079 | $46.20 | Disposed | 24324 | Direct |
Footnotes
F1: Reporting of this transaction was delayed due to an administrative error in connection with the Issuer's adoption of a net share settlement program for taxes incurred by officers upon the vesting of equity awards.
F2: On September 21, 2015, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect 4,396 of the 5,600 Performance Share Units granted to Mr. Morton on September 10, 2012. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 157% of the Performance Share Units granted. The 4,396 Ordinary Shares vested on September 21, 2015.