4//SEC Filing
WICKERSHAM DAVID A 4
Accession 0001181431-06-002897
CIK 0001137789other
Filed
Jan 9, 7:00 PM ET
Accepted
Jan 10, 6:59 PM ET
Size
26.8 KB
Accession
0001181431-06-002897
Insider Transaction Report
Form 4
WICKERSHAM DAVID A
Executive VP, COO
Transactions
- Exercise/Conversion
Common Shares
2006-01-10$2.30/sh+45,000$103,500→ 795,042 total - Sale
Common Shares
2006-01-10$22.45/sh−15,000$336,750→ 780,042 total - Exercise/Conversion
NQ Stock Option
2006-01-06$2.30/sh−15,000$34,500→ 204,565 totalExercise: $2.30From: 2001-11-22Exp: 2011-07-24→ Common Shares (15,000 underlying) - Exercise/Conversion
NQ Stock Option
2006-01-09$2.30/sh−15,000$34,500→ 189,565 totalExercise: $2.30From: 2001-11-22Exp: 2011-07-24→ Common Shares (15,000 underlying) - Exercise/Conversion
NQ Stock Option
2006-01-10$2.30/sh−45,000$103,500→ 144,565 totalExercise: $2.30From: 2001-11-22Exp: 2011-07-24→ Common Shares (45,000 underlying) - Exercise/Conversion
Common Shares
2006-01-06$2.30/sh+15,000$34,500→ 765,042 total - Sale
Common Shares
2006-01-06$21.45/sh−15,000$321,750→ 750,042 total - Sale
Common Shares
2006-01-09$21.75/sh−15,000$326,250→ 750,042 total - Exercise/Conversion
Common Shares
2006-01-09$2.30/sh+15,000$34,500→ 765,042 total
Holdings
- 113,228(indirect: By Partnership)
Common Shares
- 200,000
NQ Stock Option
Exercise: $15.06From: 2006-09-27Exp: 2012-09-27→ Common Shares (200,000 underlying) - 1,000,000
NQ Stock Option
Exercise: $9.30From: 2004-02-03Exp: 2013-02-03→ Common Shares (1,000,000 underlying)
Footnotes (7)
- [F1]Includes an aggregate of 145,285 common shares, par value $0.00001 per share (the "Common Shares") of Seagate Technology (the "Issuer") received by the Reporting Person from New SAC as part of the January 3, 2006 distributions by New SAC of an aggregate of 34,999,637 of the Issuer's Common Shares to the New SAC shareholders on a pro rata basis in the form of a stock dividend (the "Distributions"). The Reporting Person's receipt of the Common Shares through the Distributions were exempt from the reporting and the liability provisions of Section 16 pursuant to Rule 16a-9.
- [F2]The Sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on August 1, 2005.
- [F3]The Sale reported on this Form 4 was effected pursuant to a 10b5-1 trading plan adopted by the Reporting Person on February 24, 2005
- [F4]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 vested proportionally each month over the 36 months following November 22, 2001.
- [F5]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 vested on February 3, 2004. The remaining option shares are vesting and will continue to vest proportionally each month over the 48 months following February 3, 2004.
- [F6]Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares will vest on September 27, 2006. The remaining option shares will vest proportionally each month over the 36 months following September 27, 2006.
- [F7]Includes an aggregate of 31,704 Common Shares received by Arlie Enterprises Limited Partnership (the "Partnership") from New SAC as part of the Distributions. The Partnership's receipt of the Common Shares through the Distributions were exempt from the reporting and liability provisions of Section 16 pursuant to Rule 16a-9. The Reporting Person disclaims beneficial ownership of any of the Issuer's Common Shares beneficially owned by the Partnership except to the extent of any pecuniary interest therein.
Documents
Issuer
SEAGATE TECHNOLOGY
CIK 0001137789
Entity typeother
Related Parties
1- filerCIK 0001248358
Filing Metadata
- Form type
- 4
- Filed
- Jan 9, 7:00 PM ET
- Accepted
- Jan 10, 6:59 PM ET
- Size
- 26.8 KB