4//SEC Filing
Seagate Technology plc 4
Accession 0001137789-16-000043
$STXCIK 0001137789operating
Filed
Sep 12, 8:00 PM ET
Accepted
Sep 13, 6:54 PM ET
Size
9.4 KB
Accession
0001137789-16-000043
Insider Transaction Report
Form 4
RE MARK
SVP & Chief Technical Officer
Transactions
- Tax Payment
Ordinary Shares
2016-09-12−3,077→ 43,893 total - Award
Ordinary Shares
2016-09-09+10,516→ 54,409 total - Award
NQ Stock Options
2016-09-09+36,850→ 36,850 totalExercise: $36.09From: 2017-09-09Exp: 2023-09-09→ Ordinary Shares (36,850 underlying)
Footnotes (3)
- [F1]These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
- [F2]Consists of a grant of restricted stock units, of which 10,516 remain outstanding, awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan"). The restricted stock units will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such restricted stock units will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 9, 2016.
- [F3]Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four year vesting schedule. Subject to continuous employment, one quarter of the option shares will vest on September 9, 2017. The remaining option shares will vest in equal monthly installments over the 36 months following September 9, 2017.
Documents
Issuer
Seagate Technology plc
CIK 0001137789
Entity typeoperating
Related Parties
1- filerCIK 0001137789
Filing Metadata
- Form type
- 4
- Filed
- Sep 12, 8:00 PM ET
- Accepted
- Sep 13, 6:54 PM ET
- Size
- 9.4 KB