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Seagate Technology — Director's Dealing 2015
Oct 23, 2015
9954_dirs_2015-10-23_decc6008-17cf-4e4f-b13c-a6bcf8e4bea6.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: 2015-10-21
Reporting Person: CHENG MEI WEI (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-10-21 | Ordinary Shares | A | 5182 | $0.00 | Acquired | 17179 | Direct |
| 2015-10-21 | Ordinary Shares | F | 2203 | $38.52 | Disposed | 14976 | Direct |
Footnotes
F1: Consists of a grant of restricted share units awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each restricted share unit represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) one day prior to the next annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending with July 1, 2016.
F2: These shares are being disposed of pursuant to Issuer's net share settlement program for taxes incurred by the Reporting Person upon the vesting of equity awards previously reported on one or more Forms 4.