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Seagate Technology — Director's Dealing 2019
Jul 31, 2019
9954_dirs_2019-07-31_731c40e2-a4c9-4d7a-a520-2afe2e45dc44.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: 2019-07-29
Reporting Person: Nygaard Jeffrey D. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-07-29 | Ordinary Shares | A | 5646 | — | Acquired | 5646 | Direct |
| 2019-07-29 | Ordinary Shares | A | 5966 | — | Acquired | 11612 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 33730 | Indirect |
Footnotes
F1: On July 29, 2019, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,646 of the 22,585 Threshold Performance Share Units granted to Mr. Nygaard on November 20, 2017. The 5,646 Ordinary Shares will vest on November 20, 2019, subject to continuous service through such date.
F2: On July 29, 2019, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,966 of the 23,862 Threshold Performance Share Units granted to Mr. Nygaard on September 10, 2018. The 5,966 Ordinary Shares will vest on September 10, 2019, subject to continuous service through such date.
F3: On December 21, 2018, the Reporting Person transferred 3,162 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.
F4: Includes a total of 376 Ordinary Shares purchased by Reporting Person on January 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.
F5: On March 18, 2019, the Reporting Person transferred 376 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.