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Seagate Technology — Director's Dealing 2017
Jul 27, 2017
9954_dirs_2017-07-26_f1c8eabe-6be8-4f81-a4c2-2d17c8ed9e62.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: 2017-07-24
Reporting Person: MORTON DAVID H JR (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-07-24 | Ordinary Shares | A | 20000 | — | Acquired | 29539 | Direct |
| 2017-07-24 | Ordinary Shares | A | 9943 | — | Acquired | 39482 | Direct |
Footnotes
F1: On July 24, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 20,000 of the 30,000 Threshold Performance Share Units granted to Mr. Morton on February 20, 2015. The 20,000 Ordinary Shares will vest on February 20, 2018, subject to continuous service through such date.
F2: Includes 476 Ordinary Shares purchased by the Reporting Person on January 31, 2017 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 24, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 9,943 of the 39,772 Threshold Performance Share Units granted to Mr. Morton on September 9, 2016. The 9,943 Ordinary Shares will vest on September 9, 2017, subject to continuous service through such date.