4//SEC Filing
SILVER LAKE OFFSHORE AIV GP LTD 4
Accession 0001181431-04-058448
CIK 0001137789other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 6:20 PM ET
Size
14.1 KB
Accession
0001181431-04-058448
Insider Transaction Report
Form 4
SILVER LAKE INVESTORS CAYMAN LP
10% Owner
Transactions
- Sale
Futures Contract (obligation to sell)
2004-12-09$16.62/sh−30,000,000$498,600,000→ 30,000,000 total(indirect: See footnotes)Exercise: $16.62From: 2005-06-10Exp: 2005-06-10→ Common Shares (30,000,000 underlying)
Transactions
- Sale
Futures Contract (obligation to sell)
2004-12-09$16.62/sh−30,000,000$498,600,000→ 30,000,000 total(indirect: See footnotes)Exercise: $16.62From: 2005-06-10Exp: 2005-06-10→ Common Shares (30,000,000 underlying)
SILVER LAKE OFFSHORE AIV GP LTD
10% Owner
Transactions
- Sale
Futures Contract (obligation to sell)
2004-12-09$16.62/sh−30,000,000$498,600,000→ 30,000,000 total(indirect: See footnotes)Exercise: $16.62From: 2005-06-10Exp: 2005-06-10→ Common Shares (30,000,000 underlying)
SILVER LAKE PARTNERS CAYMAN LP
10% Owner
Transactions
- Sale
Futures Contract (obligation to sell)
2004-12-09$16.62/sh−30,000,000$498,600,000→ 30,000,000 total(indirect: See footnotes)Exercise: $16.62From: 2005-06-10Exp: 2005-06-10→ Common Shares (30,000,000 underlying)
Footnotes (3)
- [F1]New SAC is the controlling shareholder of Seagate Technology (the "Issuer"). New SAC entered into the forward contract reported hereby. Affiliates 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 December 9, 2004, to beneficially own the securities 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 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 securities beneficially owned by New SAC, except to the extent of any pecuniary interest therein.
- [F3]New SAC entered into a forward sale agreement with Goldman Sachs Financial Markets, L.P. on December 9, 2004 relating to 30,000,000 of the Issuer's common shares, par value $0.00001 per share (the "Shares"). The arrangement is reflected in Table II as a futures contract. Under the forward sale agreement, New SAC has agreed to deliver the Shares to Goldman Financial Markets, L.P. To secure New SAC's delivery obligations to Goldman Sachs Financial Markets, L.P. under the forward sale agreement, New SAC has pledged 30,000,000 of the Issuer's Common Shares to Goldman Sachs Financial Markets, L.P. Under the forward sale agreement, New SAC expects to receive payment for the shares in January 2005.
Issuer
SEAGATE TECHNOLOGY
CIK 0001137789
Entity typeother
Related Parties
1- filerCIK 0001257861
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 6:20 PM ET
- Size
- 14.1 KB