SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 08/04/2018 | 3. Issuer Name and Ticker or Trading Symbol Seagate Technology plc [ STX ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Ordinary Shares | 117.0198 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
NQ Options | (1) | 09/09/2021 | Ordinary Shares | 5,400 | 60.83 | D | |
NQ Options | (2) | 09/09/2022 | Ordinary Shares | 2,035 | 50.1 | D | |
NQ Options | (3) | 03/21/2023 | Ordinary Shares | 30,344 | 36.54 | D | |
NQ Options | (4) | 09/09/2023 | Ordinary Shares | 19,976 | 36.09 | D | |
NQ Options | (5) | 09/11/2024 | Ordinary Shares | 16,790 | 30.95 | D | |
Restricted Share Unit | (6) | 09/09/2018 | Ordinary Shares | 750 | 0.0 | D | |
Restricted Share Unit | (7) | 09/09/2019 | Ordinary Shares | 1,428 | 0.0 | D | |
Restricted Share Unit | (8) | 09/09/2020 | Ordinary Shares | 9,282 | 0.0 | D | |
Restricted Share Unit | (9) | 09/11/2021 | Ordinary Shares | 6,715 | 0.0 | D |
Explanation of Responses: |
1. Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options vest on September 9, 2015. The remaining options vest in equal monthly installments over the 36 months following September 9, 2015. |
2. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options, originally granted for 5,140 shares, of which 3,105 shares have been exercised, vest on September 9, 2016. The remaining options vest in equal monthly installments over the 36 months following September 9, 2016. |
3. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to Reporting Person's continuous employment, one-quarter of the options, originally granted for 58,260 shares, of which 27,916 shares have been exercised, vest on March 21, 2017. The remaining options vest in equal monthly installments over the 36 months following March 21, 2017. |
4. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options, originally granted for 30,930 shares, of which 10,954 shares have been exercised, vest on September 9, 2017. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2017. |
5. Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter of the options vest on September 11, 2018. The remaining options vest in equal monthly installments over the 36 months following September 11, 2018. |
6. Consists of a grant of restricted share units ("RSU") awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous employment, such RSUs, originally granted for 3,000 shares, of which 2,250 shares have been released, vest as to one-quarter of the shares on September 9, 2015 and each one-year anniversary thereafter. |
7. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous employment, such RSUs, originally granted for 2,855 shares, of which 1,427 shares have been released, vest as to one-quarter of the shares on September 9, 2016 and each one-year anniversary thereafter. |
8. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous employment, such RSUs, originally granted for 12,375 shares, of which 3,093 shares have been released, vest as to one-quarter of the shares on September 9, 2017 and each one-year anniversary thereafter. |
9. Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 11, 2018 and each one-year anniversary thereafter. |
Remarks: |
/s/ Laurie Webb Attorney-in-Fact for Kathryn R. Scolnick | 08/14/2018 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (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). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
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 Number. |