Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Seagate Technology Director's Dealing 2021

May 4, 2021

9954_dirs_2021-05-03_b38a344a-6784-4d74-b6b0-19d005376068.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2021-04-30

Reporting Person: SCHUELKE KATHERINE (SVP, CLO & Corporate Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-04-30 Ordinary Shares M 20000 $39.42 Acquired 44028 Direct
2021-04-30 Ordinary Shares S 15329 $95.3421 Disposed 28699 Direct
2021-04-30 Ordinary Shares S 7156 $96.0875 Disposed 21543 Direct
2021-04-30 Ordinary Shares S 2040 $97.01 Disposed 19503 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-04-30 NQ Stock Option $39.42 M 20000 Disposed 2024-07-20 Ordinary Shares (20000.0) Direct

Footnotes

F1: The 1) option exercises and sales of Ordinary Shares and 2) sales of Ordinary Shares each reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: These Ordinary Shares were sold in multiple trades at prices ranging from $94.79 to $95.74. 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.

F3: These Ordinary Shares were sold in multiple trades at prices ranging from $95.85 to $96.46. 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: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on July 20, 2018. Subject to continuous employment, the remaining options will vest in equal monthly installments over the 36 months following July 20, 2018. 14,587 of the options reported are currently exercisable.