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Seagate Technology — Director's Dealing 2018
Oct 23, 2018
9954_dirs_2018-10-22_87e002db-3226-4a57-bbf6-085fb46c7294.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: 2018-10-18
Reporting Person: PARK CHONG SUP (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-10-18 | Ordinary Shares | M | 8094 | — | Acquired | 16809 | Direct |
| 2018-10-18 | Ordinary Shares | F | 2914 | $43.76 | Disposed | 32527 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-10-18 | Restricted Share Unit | $0.0 | M | 8094 | Disposed | Ordinary Shares (8094.0) | 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 19, 2018, the Reporting Person transferred 5,180 Ordinary Shares previously owned directly (8,094 Ordinary Shares vested on October 18, 2018 minus 2,914 Ordinary Shares withheld to cover tax liabilities) to The Park Family Trust. The total of 32,527 shares held by The Park Family Trust also reflects a transfer of 8,715 Ordinary Shares, previously reported as directly owned by the Reporting Person, to The Park Family Trust.
F3: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. This award vested one year from the date of grant.