FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Seagate Technology plc [ STX ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/21/2015 | ||||||||||||||||||||||||||
4. 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 Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Ordinary Shares | 07/21/2015 | A | 6,000(1) | A | $0.00 | 6,933.796 | D | |||
Ordinary Shares | 07/21/2015 | A | 5,250(2) | A | $0.00 | 12,183.796 | D | |||
Ordinary Shares | 07/21/2015 | A | 3,938(3) | A | $0.00 | 16,121.796 | D | |||
Ordinary Shares | 89,202(4) | I | Pimentel Family Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. On July 21, 2015, The Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 6,000 of the 24,000 Performance Share Units granted to Mr. Pimentel on September 10, 2012. The 6,000 Ordinary Shares will vest on September 10, 2015, subject to the continuous service through such date. |
2. On July 21, 2015, The Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,250 of the 21,000 Performance Share Units granted to Mr. Pimentel on September 9, 2013. The 5,250 Ordinary Shares will vest on September 9, 2015, subject to the continuous service through such date. |
3. On July 21, 2015, The Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,938 of the 15,750 Performance Share Units granted to Mr. Pimentel on September 9, 2014. The 3,938 Ordinary Shares will vest on September 9, 2015, subject to the continuous service through such date. |
4. On April 30, 2015, the Reporting Person transferred 40,554 Ordinary Shares previously owned directly to the Pimentel Family Trust. |
Remarks: |
Exhibit Index: Exhibit 24 - Power of Attorney |
/s/ Jordan E. Stuhlmueller by power-of-attorney | 07/23/2015 | |
** 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 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). | ||
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. |