Filing Details

Accession Number:
0001181431-14-019795
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-05-15 17:08:06
Reporting Period:
2014-05-13
Filing Date:
2014-05-15
Accepted Time:
2014-05-15 17:08:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1137789 Seagate Technology Plc STX Computer Storage Devices (3572) 980648577
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1248260 J Stephen Luczo Seagate Technology Plc
10200 S. De Anza Boulevard
Cupertino CA 95014
Chairman And Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares Acquisiton 2014-05-13 60,157 $11.07 172,287 No 4 M Direct
Ordinary Shares Acquisiton 2014-05-13 23,982 $30.23 196,269 No 4 M Direct
Ordinary Shares Disposition 2014-05-13 54,345 $50.28 141,924 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares NQ Stock Options Disposition 2014-05-13 60,157 $0.00 60,157 $11.07
Ordinary Shares NQ Stock Options Disposition 2014-05-13 23,982 $0.00 23,982 $30.23
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
34,375 2011-09-13 2017-09-13 No 4 M Direct
107,922 2013-08-01 2019-08-01 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares 1,485,471 Indirect Stephen J Luczo Revocable Trust
Footnotes
  1. This transaction is a "sell-to-cover" transaction in which the Reporting Person used the proceeds from the sale of shares in part to fund the exercise of the options.
  2. These Ordinary Shares were sold in multiple transactions at sales prices ranging from $50.22 to $50.40, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.
  3. Options granted to the Reporting Person under the Seagate Technology 2001 Stock Option Plan are subject to a four year vesting schedule. One quarter of the options vested on September 13, 2011. Following continuous employment, the remaining options vest proportionately over the 36 months following September 13, 2011.
  4. 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 vested August 1, 2013.The remaining options vest in equal monthly installments over the 36 months following August 1, 2013.