4//SEC Filing
Seagate Technology plc 4
Accession 0001181431-14-027481
$STXCIK 0001137789operating
Filed
Jul 24, 8:00 PM ET
Accepted
Jul 25, 9:50 PM ET
Size
20.1 KB
Accession
0001181431-14-027481
Insider Transaction Report
Form 4
Richarz David K
EVP, Sales
Transactions
- Award
Ordinary Shares
2014-07-23+3,750→ 10,391 total - Award
Ordinary Shares
2014-07-23+14,625→ 29,516 total - Exercise/Conversion
NQ Stock Options
2014-07-25−13,750→ 16,250 totalExercise: $29.87From: 2013-09-10Exp: 2019-09-10→ Ordinary Shares (13,750 underlying) - Exercise/Conversion
Ordinary Shares
2014-07-25$29.87/sh+13,750$410,713→ 58,766 total - Exercise/Conversion
NQ Stock Options
2014-07-25−11,900→ 3,750 totalExercise: $11.06From: 2011-09-13Exp: 2017-09-13→ Ordinary Shares (11,900 underlying) - Award
Ordinary Shares
2014-07-23+3,600→ 33,116 total - Sale
Ordinary Shares
2014-07-25$59.56/sh−25,650$1,527,609→ 33,116 total - Award
Ordinary Shares
2014-07-23+4,500→ 14,891 total - Exercise/Conversion
Ordinary Shares
2014-07-25$11.06/sh+11,900$131,674→ 45,016 total
Footnotes (7)
- [F1]On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,750 of the 15,000 Performance Share Units granted to Mr. Richarz on September 9, 2013. The 3,750 Ordinary Shares will vest on September 9, 2014, subject to the continuous service through such date.
- [F2]On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 4,500 of the 18,000 Performance Share Units granted to Mr. Richarz on September 10, 2012. The 4,500 Ordinary Shares will vest on September 10, 2014, subject to the continuous service through such date.
- [F3]On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 14,625 of the 58,500 Performance Share Units granted to Mr. Richarz on September 12, 2011. The 14,625 Ordinary Shares will vest on September 12, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.
- [F4]On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,600 of the 14,400 Performance Shares granted to Mr. Richarz on September 13, 2010. The 3,600 Ordinary Shares will vest on September 13, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.
- [F5]These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.48 to $59.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.
- [F6]Options granted to the Reporting Person under the Seagate Technology's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining options vest in equal monthly installments over the 36 months following September 13, 2011.
- [F7]Options granted to the Reporting Person under the Seagate Technology's 2012 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 10, 2013. The remaining options vest in equal monthly installments over the 36 months following September 10, 2013.
Documents
Issuer
Seagate Technology plc
CIK 0001137789
Entity typeoperating
Related Parties
1- filerCIK 0001137789
Filing Metadata
- Form type
- 4
- Filed
- Jul 24, 8:00 PM ET
- Accepted
- Jul 25, 9:50 PM ET
- Size
- 20.1 KB