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Seagate Technology — Director's Dealing 2018
Sep 13, 2018
9954_dirs_2018-09-12_28b9eafb-e54c-4a2c-88d8-a2aa34b947aa.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: 2018-09-10
Reporting Person: Scolnick Kathryn R. (Interim CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-11 | Ordinary Shares | A | 1678 | — | Acquired | 4569.0198 | Direct |
| 2018-09-11 | Ordinary Shares | F | 832 | $48.98 | Disposed | 3737.0198 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-11 | Restricted Share Unit | $ | M | 1678 | Acquired | Ordinary Shares (1678.0) | Direct | |
| 2018-09-10 | Restricted Share Unit | $ | A | 19885 | Acquired | Ordinary Shares (19885.0) | Direct | |
| 2018-09-10 | Restricted Share Unit | $0.0 | A | 10738 | Acquired | Ordinary Shares (10738.0) | Direct |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F2: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F3: The RSUs originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") for 6,715 shares, vest as to one-quarter of the shares on September 11, 2018 and each one-year anniversary thereafter.
F4: Consists of a grant of RSUs awarded to the Reporting Person as a special equity award in the amount of 19,885 shares under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.
F5: Consists of a grant of RSUs awarded to the Reporting Person under the Plan in the amount of 10,738. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.