Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Seagate Technology Director's Dealing 2018

Aug 21, 2018

9954_dirs_2018-08-20_19b1fd44-415e-4cb6-b0a7-f8f3903a6330.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2018-08-16

Reporting Person: Scolnick Kathryn R. (Interim CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-16 Ordinary Shares M 642 $50.10 Acquired 759.0198 Direct
2018-08-16 Ordinary Shares M 6069 $36.54 Acquired 6828.0198 Direct
2018-08-16 Ordinary Shares M 3866 $36.09 Acquired 10694.0198 Direct
2018-08-16 Ordinary Shares S 10577 $53.12 Disposed 117.0198 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2018-08-16 NQ Options $50.1 M 642 Disposed 2022-09-09 Ordinary Shares (642.0) Direct
2018-08-16 NQ Options $36.54 M 6069 Disposed 2023-03-21 Ordinary Shares (6069.0) Direct
2018-08-16 NQ Options $36.09 M 3866 Disposed 2023-09-09 Ordinary Shares (3866.0) Direct

Footnotes

F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $53.10 to $53.19, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote of this Form 4.

F2: Includes 117.0198 shares acquired pursuant to the Issuer's dividend reinvestment plan.

F3: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options, originally granted for 5,140 shares, of which 3,747 have been exercised, vest on September 9, 2016. The remaining options vest in equal monthly installments over the 36 months following September 9, 2016.

F4: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options, originally granted for 58,260 shares, of which 33,985 have been exercised, vest on March 21, 2017. The remaining options vest in equal monthly installments over the 36 months following March 21, 2017.

F5: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options, originally granted for 30,930 shares, of which 14,820 have been exercised, vest on September 9, 2017. The remaining options vest in equal monthly installments over the 36 months following September 9, 2017.