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Seagate Technology — Director's Dealing 2020
Oct 24, 2020
9954_dirs_2020-10-23_88bb3d2a-5066-4c2c-a9d3-e4358a1e535f.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: 2020-10-21
Reporting Person: Geldmacher Jay L (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-10-21 | Ordinary Shares | M | 5579 | — | Acquired | 12792 | Direct |
| 2020-10-21 | Ordinary Shares | F | 2009 | $51.69 | Disposed | 10783 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-10-21 | Restricted Share Unit | $0.0 | M | 5579 | Disposed | Ordinary Shares (5579.0) | Direct | |
| 2020-10-22 | Restricted Share Unit | $0.0 | A | 5847 | Acquired | Ordinary Shares (5847.0) | Direct |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F2: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date prior to the annual general meeting of the shareholders of the Issuer following the end of the Issuer's fiscal year ended July 3, 2020.
F3: Consists of a grant of RSUs awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) the date of the next annual general meeting of shareholders which is at least fifty (50) weeks after the immediately preceding year's annual meeting.