Seagate Technology plc 4
4 · Seagate Technology plc · Filed Sep 28, 2016
Insider Transaction Report
Form 4
RE MARK
SVP & Chief Technical Officer
Transactions
- Tax Payment
Ordinary Shares
2016-09-27−4,022→ 61,089 total - Award
Ordinary Shares
2016-09-26+10,702→ 65,111 total
Footnotes (2)
- [F1]On September 26, 2016, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 10,702 of the 10,920 Performance Share Units granted to Mr. Re on September 9, 2013. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 98% of the Performance Share Units granted. The 10,702 Ordinary Shares vested on September 26, 2016.
- [F2]These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of the above-listed Performance Share Units in accordance with Rule 16b-3.