Filing Details

Accession Number:
0001181431-14-031993
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-15 19:30:32
Reporting Period:
2014-09-11
Filing Date:
2014-09-15
Accepted Time:
2014-09-15 19:30:32
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
1423091 M Kenneth Massaroni Seagate Technology Plc
10200 S. De Anza Boulevard
Cupertino CA 95014
Evp,General Counsel, Cao 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
Ordinary Shares Acquisiton 2014-09-11 126,000 $0.00 195,012 No 4 A Direct
Ordinary Shares Disposition 2014-09-15 1,256 $59.49 193,756 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. On September 11, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 63,000 of the 63,000 Performance Share Units granted to Mr. Massaroni on September 12, 2011. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 200% of the Performance Share Units granted. The 126,000 Ordinary Shares will vest on September 12, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.
  2. 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.
  3. These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.48 to $59.4907, 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.