Filing Details

Accession Number:
0001137789-19-000057
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-13 16:42:39
Reporting Period:
2019-09-11
Accepted Time:
2019-09-13 16:42:39
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
Yes No 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 Disposition 2019-09-11 5,000 $55.29 850,559 No 4 S Indirect Stephen J. Luczo Revocable Trust dated January 26, 2001
Ordinary Shares Acquisiton 2019-09-11 70,005 $0.00 70,005 No 4 M Direct
Ordinary Shares Disposition 2019-09-11 3,403 $56.21 917,161 No 4 F Indirect Stephen J. Luczo Revocable Trust dated January 26, 2001
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Stephen J. Luczo Revocable Trust dated January 26, 2001
No 4 M Direct
No 4 F Indirect Stephen J. Luczo Revocable Trust dated January 26, 2001
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares Restricted Share Unit Disposition 2019-09-11 70,005 $0.00 70,005 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
70,008 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Ordinary Shares 155,987 Indirect Stephen J. Luczo 2017 GRAT
Footnotes
  1. These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person.
  2. These Ordinary Shares were sold in multiple transactions at sales prices ranging from $55.21 to $55.44, 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 range set forth in the footnote of this Form 4.
  3. Of the 70,005 Ordinary Shares reported as directly held by the Reporting Person, 66,602 Ordinary Shares were transferred on September 12, 2019 to the Stephen J. Luczo Revocable Trust dated January 26, 2001. The remaining 3,403 Ordinary Shares reported as directly held were withheld to cover tax liabilities as reported in Footnote 4.
  4. These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Stock Units ("RSUs").
  5. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
  6. The RSUs, originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") for 210,017 Ordinary Shares of which 140,009 Ordinary Shares have been released, vested as to one-third of the shares on September 11, 2018 and each one-year anniversary thereafter.