SILVER LAKE OFFSHORE AIV GP LTD 4
4 · SEAGATE TECHNOLOGY · Filed Sep 22, 2004
Insider Transaction Report
Form 4
SILVER LAKE OFFSHORE AIV GP LTD
10% Owner
Transactions
- Sale
Common Shares
2004-09-20$13.71/sh−30,000,000$411,300,000→ 252,500,000 total(indirect: See footnotes)
Footnotes (2)
- [F1]Seagate Technology's (the "Issuer") controlling shareholder, New SAC, beneficially owned 282,500,000 of the Issuer's common shares, par value $0.00001 per share (the "Common Shares"), prior to the transaction reported hereby and will benficially own 252,500,000 of the Common Shares after the transaction reported hereby. Affiliaties of Silver Lake Partners, L.P. may be deemed , as a result of their ownership of 31.8% of the total outstanding ordinary shares of New SAC as of August 31, 2004, to have shared voting or dispositive power with respect to the Issuer's Common Shares beneficially owned by New SAC. However, the affiliates of Silver Lake Partners, L.P. disclaim this beneficial ownership. The affiliates of Silver Lake Partners, L.P. are Silver Lake Partners Cayman, L.P., Silver Lake Investors Cayman, L.P. and Silver Lake Technology Investors Cayman, L.P.
- [F2]The sole general partner of each of the Silver Lake Partners Cayman, L.P. and Silver Lake Investors Cayman, L.P. is Silver Lake Technology Associates Cayman, L.P. The sole general partner of each of Silver Lake Technology Associates Cayman, L.P. and Silver Lake Technology Investors Cayman, L.P. is Silver Lake (Offshore) AIV GP LTD. The shareholders of Silver Lake (Offshore) AIV GP LTD are Alan K. Austin, James A. Davidson, Glenn H. Hutchins, David J. Roux and Integral Capital Partners SLP LLC. All persons identified above disclaim beneficial ownership of any of the Issuer's Common Shares beneficially owned by New SAC, except to the extent of any pecuniary interest therein.