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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
NQ Stock Options | $ 13.73 | 09/14/2012 | M | 250 | 09/12/2009(5) | 09/12/2015 | Ordinary Shares | 250 | $ 0 | 0 | D | ||||
NQ Stock Options | $ 3.345 | 09/14/2012 | M | 1,667 | 09/11/2010(6) | 03/06/2016 | Ordinary Shares | 1,667 | $ 0 | 20,000 | D | ||||
NQ Stock Options | $ 11.065 | 09/14/2012 | M | 573 | 09/13/2011(7) | 09/13/2017 | Ordinary Shares | 573 | $ 0 | 13,750 | D | ||||
NQ Stock Options | $ 11.155 | 09/14/2012 | M | 7,312 | 09/12/2012(8) | 09/12/2018 | Ordinary Shares | 7,312 | $ 0 | 21,938 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MORTON DAVID H JR SEAGATE TECHNOLOGY PLC 10200 S. DE ANZA BOULEVARD CUPERTINO, CA 95014 |
VP, FINANCE, TREASURER &PAO |
/s/ Roberta S Cohen by power of attorney | 09/17/2012 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Shares sold under a 10b5-1 Trading Plan pursuant to vesting provisions under the restricted stock unit awards issued on September 12, 2008 and September 12, 2011. Shares sold to pay tax liabilities resulting from the vesting of 667 restricted stock unit shares awarded on September 12, 2008 and the vesting of 2,925 restricted stock unit shares awarded on September 12, 2011. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging between $29.41 and $29.4066. The Reporting Person undertakes to provide 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 range set forth in this footnote. |
(2) | Shares sold under a 10b5-1 Trading Plan pursuant to vesting provisions under the restricted stock unit awards issued on September 13, 2010. Shares sold to pay tax liabilities resulting from the vesting of 2,750 restricted stock unit shares awarded on September 13, 2010. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging between $30.242 and $30.25. The Reporting Person undertakes to provide 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 range set forth in this footnote. |
(3) | Sale pursuant to a 10b5-1 Trading Plan |
(4) | Shares sold under a 10b5-1 Trading Plan. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at sales prices ranging between $30.56 and $30.76. The Reporting Person undertakes to provide 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 range set forth in this footnote. |
(5) | 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 September 12, 2009. The remaining option shares vested in equal monthly installments over the 36 months following September 12, 2009. |
(6) | Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four and a half year vesting schedule. One quarter of the option shares vested on September 11, 2010. Following continuous employment, the remaining option shares vest in equal monthly installments over the 36 months following September 13, 2010. |
(7) | Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining option shares vest in equal monthly installments over the 36 months following September 13, 2011. |
(8) | 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 September 12, 2012. The remaining option shares vested in equal monthly installments over the 36 months following September 12, 2012. |