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Seagate Technology — Director's Dealing 2016
Jul 27, 2016
9954_dirs_2016-07-27_84ac2e9e-8c52-4e6d-ab92-2b70aab414b3.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: 2016-07-25
Reporting Person: MOSLEY WILLIAM D (President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-25 | Ordinary Shares | A | 6000 | — | Acquired | 120451 | Direct |
| 2016-07-25 | Ordinary Shares | A | 7500 | — | Acquired | 127951 | Direct |
| 2016-07-25 | Ordinary Shares | A | 3937 | — | Acquired | 131888 | Direct |
| 2016-07-25 | Ordinary Shares | A | 5689 | — | Acquired | 137577 | Direct |
Footnotes
F1: On July 25, 2016, 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. Mosley on September 10, 2012. The 6,000 Ordinary Shares will vest on September 10, 2016, subject to continuous service through such date.
F2: Includes 485 Ordinary Shares purchased by Reporting Person on January 29, 2016 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 25, 2016, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 7,500 of the 30,000 Performance Share Units granted to Mr. Mosley on September 9, 2013. The 7,500 Ordinary Shares will vest on September 9, 2016, subject to continuous service through such date.
F4: On July 25, 2016, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,937 of the 15,750 Performance Share Units granted to Mr. Mosley on September 9, 2014. The 3,937 Ordinary Shares will vest on September 9, 2016, subject to continuous service through such date.
F5: On July 25, 2016, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,689 of the 22,755 Performance Share Units granted to Mr. Mosley on September 9, 2015. The 5,689 Ordinary Shares will vest on September 9, 2016, subject to continuous service through such date.