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Seagate Technology — Director's Dealing 2020
Sep 12, 2020
9954_dirs_2020-09-11_95682257-96bd-4c54-b09a-a5bb73966722.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: MOSLEY WILLIAM D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-09-09 | Ordinary Shares | F | 6595 | $46.23 | Disposed | 384540 | Direct |
| 2020-09-09 | Ordinary Shares | F | 6449 | $46.23 | Disposed | 378091 | Direct |
| 2020-09-10 | Ordinary Shares | F | 6286 | $45.93 | Disposed | 371805 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-09-09 | NQ Options | $46.23 | A | 167100 | Acquired | Ordinary Shares (167100.0) | Direct |
Footnotes
F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F2: Includes 19 Ordinary Shares purchased by Reporting Person on July 31, 2020 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.
F3: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter of the options will vest on September 9, 2021. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2021.