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Seagate Technology — Director's Dealing 2021
May 4, 2021
9954_dirs_2021-05-03_8adf2d13-ab0b-4b3a-b984-6901cbc309eb.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: 2021-04-29
Reporting Person: Naik Ravi (EVP & CIO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-04-29 | Ordinary Shares | M | 40000 | $31.46 | Acquired | 55660 | Direct |
| 2021-04-29 | Ordinary Shares | S | 40000 | $96.8647 | Disposed | 15660 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-04-29 | NQ Options | $31.46 | M | 40000 | Disposed | 2024-08-21 | Ordinary Shares (40000.0) | Direct |
Footnotes
F1: These Ordinary Shares were sold in multiple trades at prices ranging from $96.69 to $97.09. 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.
F2: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on August 21, 2018. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following August 21, 2018. 72,860 of the options reported are currently exercisable.