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Seagate Technology — Director's Dealing 2018
Sep 12, 2018
9954_dirs_2018-09-11_bbe3b7b8-aac2-4bd9-b3c0-117fa560f7bd.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: 2018-09-09
Reporting Person: Nygaard Jeffrey D. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-09-09 | Ordinary Shares | M | 1040 | — | Acquired | 6686 | Direct |
| 2018-09-09 | Ordinary Shares | M | 1251 | — | Acquired | 7937 | Direct |
| 2018-09-09 | Ordinary Shares | M | 3031 | — | Acquired | 10968 | Direct |
| 2018-09-09 | Ordinary Shares | F | 2343 | $49.80 | Disposed | 8625 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-09-09 | Restricted Share Unit | $ | M | 1040 | Disposed | 2018-09-09 | Ordinary Shares (1040.0) | Direct |
| 2018-09-09 | Restricted Share Unit | $ | M | 1251 | Disposed | 2019-09-09 | Ordinary Shares (1251.0) | Direct |
| 2018-09-09 | Restricted Share Unit | $ | M | 3031 | Disposed | 2020-09-09 | Ordinary Shares (3031.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 23612 | Indirect |
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 Issuer.
F3: The RSUs, originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") for 4,160 shares, of which all 4,160 shares have been released, vest as to one-quarter of the shares on September 9, 2015 and each one-year anniversary thereafter.
F4: The RSUs, originally granted to the Reporting Person under the Plan for 5,006 shares, of which 3,753 shares have been released, vest as to one-quarter of the shares on September 9, 2016 and each one-year anniversary thereafter.
F5: The RSUs, originally granted to the Reporting Person under the Plan for 12,125 shares, of which 6,062 shares have been released, vest as to one-quarter of the shares on September 9, 2017 and each one-year anniversary thereafter.