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Seagate Technology — Director's Dealing 2021
Feb 11, 2021
9954_dirs_2021-02-11_3b1c2b7a-fe47-4966-9644-9a20fc6cdbd5.zip
Director's Dealing
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SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2021-02-01
Reporting Person: Naik Ravi (EVP & CIO)
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 15660 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| NQ Options | $31.46 | 2024-08-21 | Ordinary Shares (17955.0) | Direct | |
| Restricted Share Unit | $0.0 | 2021-08-21 | Ordinary Shares (7695.0) | Direct | |
| Restricted Share Unit | $0.0 | 2022-09-10 | Ordinary Shares (6666.0) | Direct | |
| Restricted Share Unit | $0.0 | 2023-09-09 | Ordinary Shares (6435.0) | Direct | |
| Restricted Share Unit | $0.0 | 2024-09-09 | Ordinary Shares (15390.0) | Direct |
Footnotes
F1: 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. The number reported reflects the unvested options remaining under such grant.
F2: Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of August 21, 2017. The number reported reflects the unvested RSUs remaining under such grant.
F3: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 10, 2018. The number reported reflects the unvested RSUs remaining under such grant.
F4: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 9, 2019. The number reported reflects the unvested RSUs remaining under such grant.
F5: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 9, 2020. The number reported reflects the unvested RSUs remaining under such grant.