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Seagate Technology — Director's Dealing 2018
Sep 13, 2018
9954_dirs_2018-09-12_f888f717-7eeb-4fc0-8952-8efd99f3dc1f.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: 2018-09-11
Reporting Person: LUCZO STEPHEN J (Director, Executive Chairman & COB)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-11 | Ordinary Shares | M | 70004 | — | Acquired | 70004 | Direct |
| 2018-09-11 | Ordinary Shares | F | 34708 | $48.98 | Disposed | 771907 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-11 | Restricted Share Unit | $ | M | 70004 | Disposed | Ordinary Shares (70004.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 381411 | Indirect |
| Ordinary Shares | 250000 | Indirect |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F2: On September 12, 2018, the Reporting Person transferred 35,296 Ordinary Shares previously owned directly to the Stephen J. Luczo Revocable Trust dated January 26, 2001.
F3: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F4: The RSUs, originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") for 210,017 shares of which 70,004 shares have been released, vest as to one-third of the shares on September 11, 2018 and each one-year anniversary thereafter.