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Seagate Technology — Director's Dealing 2019
Sep 12, 2019
9954_dirs_2019-09-11_69f5ccbb-8e11-4ac1-bee0-14e053f2daae.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: 2019-09-09
Reporting Person: SCHUELKE KATHERINE (SVP, CLO & Corporate Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-09-10 | Ordinary Shares | M | 3907 | — | Acquired | 27816 | Direct |
| 2019-09-10 | Ordinary Shares | F | 1352 | $55.33 | Disposed | 26464 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-09-09 | Restricted Share Unit | $ | A | 7229 | Acquired | Ordinary Shares (7229.0) | Direct | |
| 2019-09-10 | Restricted Share Unit | $ | M | 3907 | Disposed | Ordinary Shares (3907.0) | Direct |
Footnotes
F1: Includes 246 Ordinary Shares purchased by Reporting Person on July 31, 2019 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
F2: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F3: Each RSU represents a contingent right to receive one share of Issuer's Ordinary Shares.
F4: Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") . Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2020 and each one-year anniversary thereafter.
F5: The RSUs, originally granted to the Reporting Person under the Plan for 15,630 shares, of which 3,907 shares have been released, vested as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.