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Seagate Technology — Director's Dealing 2018
Oct 31, 2018
9954_dirs_2018-10-31_a89c63f8-f4c0-41e0-b138-8f249c9c6f8d.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: 2018-10-29
Reporting Person: BRUNER JUDY (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-10-29 | Ordinary Shares | M | 5285 | — | Acquired | 5285 | Direct |
| 2018-10-29 | Ordinary Shares | F | 1903 | $37.83 | Disposed | 3382 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-29 | Restricted Share Unit | $0.0 | M | 5285 | Disposed | Ordinary Shares (5285.0) | Direct | |
| 2018-10-30 | Restricted Share Unit | $0.0 | A | 5146 | Acquired | Ordinary Shares (5146.0) | Direct |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of restricted share units ("RSUs").
F2: On October 30, 2018, the Reporting Person transferred 3,382 Ordinary Shares previously owned directly (5,285 Ordinary Shares acquired upon release of RSUs on October 29, 2018 minus 1,903 Ordinary Shares withheld to cover tax liabilities) to The Bruner Living Trust, of which the Reporting Person serves as a grantor and a trustee.
F3: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date prior to the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending June 29, 2018.
F4: Consists of a grant of RSUs awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each RSU 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 on June 28, 2019.