Seagate Technology plc 4
4 · Seagate Technology plc · Filed Sep 23, 2015
Insider Transaction Report
Form 4
RE MARK
SVP & Chief Technical Officer
Transactions
- Other
Ordinary Shares
2015-08-19−10,065→ 58,405 total - Tax Payment
Ordinary Shares
2015-09-11$49.22/sh−1,505$74,076→ 54,697 total - Tax Payment
Ordinary Shares
2015-09-14$48.94/sh−2,218$108,549→ 52,479 total - Tax Payment
Ordinary Shares
2015-09-10$50.10/sh−2,203$110,370→ 56,202 total - Award
Ordinary Shares
2015-09-21+15,842→ 68,321 total - Tax Payment
Ordinary Shares
2015-09-23$46.20/sh−8,267$381,935→ 60,054 total
Footnotes (3)
- [F1]Reporting Person is reporting the disposition of economic/beneficial interest in shares transferred to the Reporting Person's former spouse in connection with a divorce property settlement.
- [F2]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.
- [F3]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 15,842 of the 20,180 Performance Share Units granted to Mr. Re 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 15,842 Ordinary Shares vested on September 21, 2015.