Form Type: 4

SEC EDGAR Link
Accession Number:0001181431-14-031993
Date:2014-09-11
Issuer: SEAGATE TECHNOLOGY PLC (STX)
Original Submission Date:

Reporting Person:

MASSARONI KENNETH M
SEAGATE TECHNOLOGY PLC
10200 S. DE ANZA BOULEVARD CUPERTINO, CA 95014

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
ORDINARY SHARES 2014-09-11 A 126,000 a $0.00 195,012 direct
ORDINARY SHARES 2014-09-15 S 1,256 d $59.49 193,756 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 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.
f2 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.
f3 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.
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