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Seagate Technology — Director's Dealing 2021
May 5, 2021
9954_dirs_2021-05-05_004ffef6-e208-48a9-8bef-01264bc96508.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: 2021-05-03
Reporting Person: MOSLEY WILLIAM D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-03 | Ordinary Shares | M | 77754 | $50.10 | Acquired | 570164 | Direct |
| 2021-05-03 | Ordinary Shares | S | 71564 | $92.4312 | Disposed | 498600 | Direct |
| 2021-05-03 | Ordinary Shares | S | 6190 | $93.2023 | Disposed | 492410 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-03 | NQ Stock Options | $50.1 | M | 77754 | Disposed | 2022-09-09 | Ordinary Shares (77754.0) | Direct |
Footnotes
F1: The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: Includes 538 Ordinary Shares purchased by Reporting Person on January 29, 2021 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: These Ordinary Shares were sold in multiple trades at prices ranging from $92.04 to $93.03. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4: These Ordinary Shares were sold in multiple trades at prices ranging from $93.04 to $93.62. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F5: One quarter of the options vested on September 9, 2016. The remaining options vested in equal monthly installments over the 36 months following September 9, 2016.