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Seagate Technology — Director's Dealing 2020
Sep 12, 2020
9954_dirs_2020-09-11_65165c2e-3a60-489c-b3db-387a3f0b91f1.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: 2020-09-09
Reporting Person: Fochtman Jeffrey D. (SVP, Business & Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-09 | Ordinary Shares | M | 973 | — | Acquired | 973 | Direct |
| 2020-09-09 | Ordinary Shares | F | 337 | $46.23 | Disposed | 636 | Direct |
| 2020-09-09 | Ordinary Shares | M | 1517 | — | Acquired | 2153 | Direct |
| 2020-09-09 | Ordinary Shares | F | 525 | $46.23 | Disposed | 1628 | Direct |
| 2020-09-10 | Ordinary Shares | M | 1620 | — | Acquired | 3248 | Direct |
| 2020-09-10 | Ordinary Shares | F | 561 | $45.93 | Disposed | 2687 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-09 | Restricted Share Unit | $ | A | 15390 | Acquired | Ordinary Shares (15390.0) | Direct | |
| 2020-09-09 | Restricted Share Unit | $ | M | 973 | Disposed | Ordinary Shares (973.0) | Direct | |
| 2020-09-09 | Restricted Share Unit | $ | M | 1517 | Disposed | Ordinary Shares (1517.0) | Direct | |
| 2020-09-10 | Restricted Share Unit | $ | M | 1620 | Disposed | Ordinary Shares (1620.0) | Direct |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Stock Units ("RSUs").
F2: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F3: 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, 2021 and each one-year anniversary thereafter.
F4: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2017 and each one-year anniversary thereafter.
F5: Consists of a grant of RSUs awarded to the Reporting Person under 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.
F6: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.