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Seagate Technology — Director's Dealing 2016
Jul 27, 2016
9954_dirs_2016-07-27_3f7f1911-b004-48a2-a252-2e4362abf19c.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: BRACE PHILIP G (President, CSSG)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-07-25 | Ordinary Shares | A | 16250 | — | Acquired | 31665 | Direct |
| 2016-07-25 | Ordinary Shares | A | 5689 | — | Acquired | 37354 | 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 16,250 of the 65,000 Performance Share Units granted to Mr. Brace on October 21, 2014. The 16,250 Ordinary Shares will vest on September 2, 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 5,689 of the 22,755 Performance Share Units granted to Mr. Brace on September 9, 2015. The 5,689 Ordinary Shares will vest on September 9, 2016, subject to continuous service through such date.