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Seagate Technology — Director's Dealing 2017
Sep 15, 2017
9954_dirs_2017-09-15_a6ed72fc-52b4-4ffb-a7f9-7417a3a30943.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: 2017-09-13
Reporting Person: MOSLEY WILLIAM D (Director, President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-09-13 | Ordinary Shares | A | 14700 | — | Acquired | 182214 | Direct |
| 2017-09-13 | Ordinary Shares | F | 7671 | — | Disposed | 174543 | Direct |
Footnotes
F1: On September 13, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 14,700 of the 26,250 Performance Share Units granted to Mr. Mosley on September 9, 2014. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 56% of the Performance Share Units granted. The 14,700 Ordinary Shares vested on September 13, 2017.
F2: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of the above-listed Performance Share Units in accordance with Rule 16b-3.