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Seagate Technology — Director's Dealing 2018
Mar 7, 2018
9954_dirs_2018-03-07_75786d33-c5f2-48ab-b88f-76df439e6316.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: 2018-03-05
Reporting Person: MORTON DAVID H JR (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-05 | Ordinary Shares | M | 2407 | $29.87 | Acquired | 8540 | Direct |
| 2018-03-05 | Ordinary Shares | M | 4894 | $40.16 | Acquired | 13434 | Direct |
| 2018-03-05 | Ordinary Shares | M | 15452 | $50.10 | Acquired | 28886 | Direct |
| 2018-03-05 | Ordinary Shares | M | 12389 | $36.09 | Acquired | 41275 | Direct |
| 2018-03-05 | Ordinary Shares | S | 35142 | $55 | Disposed | 6133 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-03-05 | NQ Stock Options | $29.87 | M | 2407 | Disposed | 2019-09-10 | Ordinary Shares (2407.0) | Direct |
| 2018-03-05 | NQ Stock Options | $40.16 | M | 4894 | Disposed | 2020-09-09 | Ordinary Shares (4894.0) | Direct |
| 2018-03-05 | NQ Stock Options | $50.1 | M | 15452 | Disposed | 2022-09-09 | Ordinary Shares (15452.0) | Direct |
| 2018-03-05 | NQ Stock Options | $36.09 | M | 12389 | Disposed | 2023-09-09 | Ordinary Shares (12389.0) | Direct |
Footnotes
F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $55.00 to $55.01, 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: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 10, 2013. The remaining option shares vest in equal monthly installments over the 36 months following September 10, 2013.
F3: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2014. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2014.
F4: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2016. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2016.
F5: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2017. The remaining options shares vest in equal monthly installments over the 36 months following September 9, 2017.