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Seagate Technology — Director's Dealing 2019
Nov 19, 2019
9954_dirs_2019-11-19_7cdf1910-becd-40a4-a3dc-bae1f346fa52.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: 2019-11-15
Reporting Person: SCHUELKE KATHERINE (SVP, CLO & Corporate Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-15 | Ordinary Shares | M | 62257 | $39.42 | Acquired | 88721 | Direct |
| 2019-11-15 | Ordinary Shares | S | 62257 | $59.0002 | Disposed | 26464 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-15 | NQ Stock Option | $39.42 | M | 62257 | Disposed | 2024-07-20 | Ordinary Shares (62257.0) | Direct |
Footnotes
F1: The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.00 to $59.02, 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.
F3: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on July 20, 2018. Subject to continuous employment, the remaining options will vest in equal monthly installments over the 36 months following July 20, 2018.