4//SEC Filing
SEAGATE TECHNOLOGY 4
Accession 0001181431-07-057818
$STXCIK 0001137789operating
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 6:49 PM ET
Size
9.7 KB
Accession
0001181431-07-057818
Insider Transaction Report
Form 4
WICKERSHAM DAVID A
Executive VP, COO
Transactions
- Award
Common Shares
2007-09-13+50,000→ 232,141 total - Award
NQ Stock Options
2007-09-13+400,000→ 400,000 totalExercise: $24.63From: 2008-09-13Exp: 2014-09-13→ Common Shares (400,000 underlying)
Holdings
- 67,938(indirect: By Partnership)
Common Shares
- 245,752(indirect: By Trust)
Common Shares
Footnotes (2)
- [F1]These awards are subject to continuous employment and performance vesting requirements and were issued on September 13, 2007 under the 2004 Stock Compensation Plan. First vesting is two years after the award date and subject to meeting specified performance criteria. Further vesting is annual for the following 3 years thereafter according to specific performance requirements. Shareholders are being asked to approve certain amendments to the 2004 Stock Compensation Plan on October 25, 2007, should the amendments not receive approval, these shares will be canceled.
- [F2]Options granted to the Reporting Person under the Seagate Technology's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. After one year of continuous employment, one quarter of the option shares vest will vest on September 13, 2008. Following continuous employment, the remaining three quarters will vest proportionally monthly on September 13, 2008 over the 36 months thereafter.
Documents
Issuer
SEAGATE TECHNOLOGY
CIK 0001137789
Entity typeoperating
Related Parties
1- filerCIK 0001137789
Filing Metadata
- Form type
- 4
- Filed
- Sep 16, 8:00 PM ET
- Accepted
- Sep 17, 6:49 PM ET
- Size
- 9.7 KB