GLEMBOCKI JERRY S 4
4 · SEAGATE TECHNOLOGY · Filed May 28, 2004
Insider Transaction Report
Form 4
GLEMBOCKI JERRY S
Sr. VP Heads and Media
Transactions
- Exercise/Conversion
Common Shares
2004-05-27$2.30/sh+50,000$115,000→ 51,968 total - Sale
Common Shares
2004-05-27$12.60/sh−50,000$630,000→ 1,968 total - Exercise/Conversion
NQ Stock Option
[F1]2004-05-27$2.30/sh−50,000$115,000→ 197,882 totalExercise: $2.30From: 2001-11-22Exp: 2011-07-24→ Common Shares (50,000 underlying)
Holdings
- 750,000
NQ Stock Option
[F2]Exercise: $9.30From: 2004-02-03Exp: 2013-02-03→ Common Shares (750,000 underlying) - 231,683(indirect: By Trust)
NQ Stock Option
[F3]Exercise: $2.30From: 2001-11-22Exp: 2011-07-24→ Common Shares (231,683 underlying)
Footnotes (3)
- [F1]Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on November 22, 2001. The remaining option shares are vesting and will continue to vest proportionally each month over the 36 months following November 22, 2001.
- [F2]Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a five-year vesting schedule. One fifth of the option shares will vest on February 3, 2004. The remaining option shares will vest proportionally each month over the 48 months following February 3, 2004.
- [F3]Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on November 22, 2001. The remaining option shares are vesting and will continue to vest proportionally each month over the 36 months following November 22, 2001.
Signature
/s/ Roberta S. Cohen for Jaroslaw S. Glembocki|2004-05-28