FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Nygaard Jeffrey D.

2. Date of Event Requiring Statement (MM/DD/YYYY)
10/17/2017 

3. Issuer Name and Ticker or Trading Symbol

Seagate Technology plc [STX]

(Last)        (First)        (Middle)

10200 S. DE ANZA BOULEVARD

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Executive Vice President /

(Street)

CUPERTINO, CA 95014       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
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   18133   I   Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: 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 Stock Option     (1) 9/11/2024   Ordinary Shares   24870.0   $30.95   D    
NQ Stock Option     (2) 9/9/2023   Ordinary Shares   30310.0   $36.09   D    
NQ Stock Option     (3) 9/9/2022   Ordinary Shares   9380.0   $50.1   D    
NQ Stock Option     (4) 9/9/2021   Ordinary Shares   7800.0   $60.83   D    
NQ Stock Option     (5) 9/9/2020   Ordinary Shares   10969.0   $40.16   D    
NQ Stock Option     (6) 9/10/2019   Ordinary Shares   2188.0   $29.87   D    
Performance-Based Restricted Share Units     (7) 9/11/2020   Ordinary Shares   8705.0   $0.0   D    
Performance-Based Restricted Share Units     (8) 9/9/2019   Ordinary Shares   10610.0   $0.0   D    
Performance-Based Restricted Share Units     (9) 9/9/2018   Ordinary Shares   4380.0   $0.0   D    
Restricted Share Unit     (10) 9/11/2021   Ordinary Shares   9950.0   $0.0   D    
Restricted Share Unit     (11) 9/9/2020   Ordinary Shares   9094.0   $0.0   D    
Restricted Share Unit     (12) 9/9/2019   Ordinary Shares   2503.0   $0.0   D    
Restricted Share Unit     (13) 9/9/2018   Ordinary Shares   1040.0   $0.0   D    

Explanation of Responses:
(1)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options will vest on September 11, 2018. The remaining options will vest in equal monthly installments over the 36 months following September 11, 2018.
(2)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2017. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2017.
(3)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2016. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2016.
(4)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2015. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2015.
(5)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2014. The remaining options vested in equal monthly installments over the 36 months following September 9, 2014.
(6)  Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 10, 2013. The remaining options vested in equal monthly installments over the 36 months following September 10, 2013.
(7)  Each performance-based restricted share unit ("PSU") represents a contingent right to receive one share of Seagate Technology plc's ordinary share. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on September 11, 2020.
(8)  Each performance-based restricted share unit ("PSU") represents a contingent right to receive one share of Seagate Technology plc's ordinary share. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on September 9, 2019.
(9)  Each performance-based restricted share unit ("PSU") represents a contingent right to receive one share of Seagate Technology plc's ordinary share. The number of PSUs that may be earned is between 0% and 200% of the target number of PSUs and shall vest based on ROIC and relative TSR performance over the three-year performance period ending on September 9, 2018.
(10)  Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan. The RSUs will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 11, 2017.
(11)  Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan. The RSUs will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 9, 2016.
(12)  Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan. The RSUs will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 9, 2015.
(13)  Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan. The RSUs will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 9, 2014.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Nygaard Jeffrey D.
10200 S. DE ANZA BOULEVARD
CUPERTINO, CA 95014


Executive Vice President

Signatures
/s/ Suhani Akhare Attorney-in-Fact for Jeffrey D. Nygaard 10/27/2017
** 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 control number.
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Seagate Technology Charts.
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Seagate Technology Charts.