Filing Details

Accession Number:
0001181431-10-046870
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-15 18:49:48
Reporting Period:
2010-09-13
Filing Date:
2010-09-15
Accepted Time:
2010-09-15 18:49:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1137789 Seagate Technology Plc STX Computer Storage Devices (3572) 980648577
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1476070 Jr H David Morton Seagate Technology
920 Disc Drive
Scotts Valley CA 950600
Vp,Finance,Treasurer &Pao No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Restricted Stock Units Acquisiton 2010-09-13 11,000 $0.00 13,549 No 4 A Direct
Common Shares Disposition 2010-09-13 245 $10.97 13,304 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares NQ Stock Options Acquisiton 2010-09-13 27,500 $0.00 27,500 $11.07
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
27,500 2011-09-13 2017-09-13 No 4 A Direct
Footnotes
  1. Consists of a grant of restricted stock units awarded to the Reporting Person under the 2004 Stock Compensation Plan for no consideration. Each restricted stock unit represents a contingent right to receive one share of Seagate common stock. Subject to the Reporting Person's Continuous Service with the Coompany, vested shares to be released to the reporting person on each of the first four anniversaries of the vesting commencement date of September 13, 2010.
  2. Shares sold pursuant to vesting provisions under the restricted stock unit award issued on September 11, 2008.Shares sold to pay tax liabilities resulting from the vesting of 667 Restricted Stock Units issued on September 12, 2008. The sale was effected pursuant to a Rule 10b5-1 trading plan.
  3. Options granted to the Reporting Person under the 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining option shares are vesting proportionally each month over the 36 months following September 13, 2011.