Filing Details

Accession Number:
0001181431-11-055813
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-11-10 18:34:20
Reporting Period:
2011-11-08
Filing Date:
2011-11-10
Accepted Time:
2011-11-10 18:34:20
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
1310378 W Robert Whitmore Seagate Technology Plc
10200 S. De Anza Boulevard
Cupertino CA 95014
Evp & Chief Technical Officer 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 2011-11-08 85,200 $4.05 146,158 No 4 M Direct
Ordinary Shares Disposition 2011-11-08 85,200 $18.03 60,958 No 4 S Direct
Ordinary Shares Disposition 2011-11-09 7,254 $17.56 53,704 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Ordinary Shares NQ Stock Options Disposition 2011-11-08 85,200 $0.00 85,200 $4.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
614,800 2010-01-12 2016-01-30 No 4 M Direct
Footnotes
  1. On July 8, 2011, the Compensation Committee of the Board of Directors of the Issuer authorized and confirmed that the peformance metrics were met with respect to 10,500 of the 42,000 Performance Shares granted to Mr. Whitmore on September 13, 2007 and reported on Mr. Whitmore's Form 4 dated September 17, 2007. Further the Compensation Committee also confirmed that the performance metrics were met with respect to 2,090 of the 8,360 Peformance Shares granted on September 12, 2008 and reported on September 16, 2008 and that the performance metrics were met with respect to 4,000 of the 16,000 Performance Shares granted on September 13, 2010 and reported on September 15, 2010.
  2. Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four year vesting schedule. One quarter of the option shares vested on January 12, 2010. The remaining option shares vested proportionally each month over the 36 months following January 12, 2010.