Seagate Technology plc 4
4 · Seagate Technology plc · Filed Nov 3, 2014
Insider Transaction Report
Form 4
Richarz David K
EVP, Sales
Transactions
- Sale
Ordinary Shares
2014-10-30$59.86/sh−8,317$497,874→ 133,217 total - Exercise/Conversion
Ordinary Shares
2014-10-30$11.06/sh+3,750$41,494→ 141,534 total - Exercise/Conversion
NQ Stock Options
2014-10-30−3,750→ 0 totalExercise: $11.06From: 2011-09-13Exp: 2017-09-13→ Ordinary Shares (3,750 underlying) - Sale
Ordinary Shares
2014-10-31$62.17/sh−57,100$3,550,175→ 76,117 total
Footnotes (4)
- [F1]These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.85 to $59.88, 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.
- [F2]These Ordinary Shares were sold to cover the tax liabilities arising from the vesting of securities previously reported on one or more Forms 4 by the Reporting Person.
- [F3]These Ordinary Shares were sold in multiple transactions at sales prices ranging from $62.04 to $62.4643, 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.
- [F4]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 vested in equal monthly installments over the 36 months following September 13, 2011.