Seagate Technology plc 4
4 · Seagate Technology plc · Filed Oct 23, 2015
Insider Transaction Report
Form 4
PARK CHONG SUP
Director
Transactions
- Tax Payment
Ordinary Shares
2015-10-21$38.52/sh−1,525$58,743→ 5,182 total - Award
Ordinary Shares
2015-10-21+5,182→ 6,707 total - Gift
Ordinary Shares
2015-08-07−2,100→ 32,735 total(indirect: By Trust)
Footnotes (3)
- [F1]Consists of a grant of restricted share units awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each restricted share unit represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) one day prior to the next annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending with July 1, 2016.
- [F2]On October 21, 2015, the Reporting Person transferred 2710 Ordinary Shares previously owned directly to the Park Family Trust.
- [F3]These shares are being disposed of pursuant to Issuer's net share settlement program for taxes incurred by the Reporting Person upon the vesting of equity awards previously reported on one or more Forms 4.