Seagate Technology plc 4
4 · Seagate Technology plc · Filed Sep 23, 2015
Insider Transaction Report
Form 4
O MALLEY PATRICK J
EVP and CFO
Transactions
- Tax Payment
Ordinary Shares
2015-09-23$46.20/sh−32,770$1,513,974→ 136,793 total - Tax Payment
Ordinary Shares
2015-09-14$48.94/sh−7,632$373,510→ 106,763 total - Tax Payment
Ordinary Shares
2015-09-10$50.10/sh−92$4,609→ 1,258 total(indirect: By Spouse) - Award
Ordinary Shares
2015-09-21+62,800→ 169,563 total - Tax Payment
Ordinary Shares
2015-09-11$49.22/sh−111$5,463→ 1,147 total(indirect: By Spouse) - Award
Ordinary Shares
2015-09-21+995→ 2,142 total(indirect: By Spouse) - Tax Payment
Ordinary Shares
2015-09-11$49.22/sh−2,361$116,208→ 114,395 total - Tax Payment
Ordinary Shares
2015-09-10$50.10/sh−2,819$141,232→ 116,756 total
Holdings
- 401,557(indirect: By Trust)
Ordinary Shares
Footnotes (3)
- [F1]Reporting of this transaction was delayed due to an administrative error in connection with the Issuer's adoption of a net share settlement program for taxes incurred by officers upon the vesting of equity awards.
- [F2]On September 21, 2015, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 62,800 of the 80,000 Performance Share Units granted to Mr. O'Malley on September 10, 2012. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 157% of the Performance Share Units granted. The 62,800 Ordinary Shares vested on September 21, 2015.
- [F3]Granted to the Reporting Person's spouse on September 21, 2015 by the Compensation Committee under the Issuer's 2012 Equity Incentive Plan and will vest in equal amounts on the anniversary of the grant date over the next four years.