Seagate Technology Plc Form DEF 14A Filed 2017-08-30
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SECURITIES AND EXCHANGE COMMISSION FORM DEF 14A Definitive proxy statements Filing Date: 2017-08-30 | Period of Report: 2017-10-18 SEC Accession No. 0001193125-17-273188 (HTML Version on secdatabase.com) FILER Seagate Technology plc Mailing Address Business Address 38/39 FITZWILLIAM SQUARE 38/39 FITZWILLIAM SQUARE CIK:1137789| IRS No.: 980648577 | State of Incorp.:L2 | Fiscal Year End: 0630 DUBLIN 2 L2 00000 DUBLIN 2 L2 00000 Type: DEF 14A | Act: 34 | File No.: 001-31560 | Film No.: 171060897 (353) (1) 234-3136 SIC: 3572 Computer storage devices Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant ☒ Filed by a Party other than the Registrant ☐ Check the appropriate box: ☐ Preliminary Proxy Statement ☐ Confidential, orf Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ Definitive Proxy Statement ☐ Definitive Additional Materials ☐ Soliciting Material under §240.14a-12 Seagate Technology Public Limited Company (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check the appropriate box): ☒ No fee required. ☐ Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11. (1) Title of each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction omputc ed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing eef is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: (5) Total fee paid: ☐ Fee paid previously with preliminary materials. ☐ Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing orf which the offsettingee f was paid previously. Identify the previous filing by registration ts atement number, or the Form or Schedule and the date of its filing. (1) Amount Previously Paid: (2) Form, Schedule or Registration Statement No.: (3) Filing Party: (4) Date Filed: Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents August 30, 2017 Dear Fellow Shareholder: You are cordially invited to attend the 2017 Annual General Meeting of Shareholders of Seagate Technology plc, which will be held at 9:30 a.m. local time on ednesdaW y, October 18, 2017, at the InterContinental Hotel, Simmonscourt Road, Dublin 4, Ireland. Details of the business to be presented at the meeting may be found in the Notice of Annual General Meeting of Shareholders and the Proxy Statement accompanying this letter. We hope you are planning to attend the meeting. ourY vote is important. Whether or not you plan to attend the meeting, please submit your proxy as soon as possible so that your shares may be represented at the 2017 Annual General Meeting. On behalf of the Board of Seagate Technology plc, I thank you for your continued support. Sincerely, Stephen J. Luczo Chairman and Chief Executive Officer Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents 2017 NOTICE OF MEETING AND PROXY STATEMENT SEAGATE TECHNOLOGY PUBLIC LIMITED COMPANY NOTICE OF 2017 ANNUAL GENERAL MEETING OF SHAREHOLDERS The 2017 Annual General Meeting of Shareholders of Seagate Technology plc (Seagate or the Company), a company incorporated under the laws of Ireland, will be held on Wednesday, October 18, 2017, at 9:30 a.m. local time, ta the InterContinental Hotel, Simmonscourt Road, Dublin 4, Ireland. The purposes of the 2017 Annual General Meeting are: General Proposals: 1. By separate resolutions, ot elect as directors the following incumbent directors who shall retire in accordance with the Articles of Association and, being eligible, offer themselves for election and ot elect as a director (the Director Nominees): (a) Stephen J. Luczo (b) Mark W. Adams (c) Michael R. Cannon (d) Mei-Wei Cheng (e) William T. Coleman (f) Jay L. Geldmacher (g) William D. Mosley (h) Dr. Chong Sup Park (i) Stephanie Tilenius (j) Edward J. Zander 2. Approve, in an advisory, non-binding vote, the compensation of the Companys named executive officers (Say-on-Pay). 3. Approve, in an advisory, non-binding vote, the frequency of future Say-on-Pay votes (Frequency of Say-on-Pay). 4. Approve an amendment and restatement of the Seagate Technology Public Limited Company Amended and Restated Employee Stock Purchase Plan (the ESP Plan) to increase the number of shares available for issuance. 5. Ratify, in a non-binding vote, the appointment of Ernst & Young LLP as the independent auditors of the Company and to authorize, in a binding vote, the Audit Committee of the Companys board of directors (the Board) to set the auditors remuneration. Irish Law Proposals: 6. Grant the Board the authority to allot and/or issue shares under Irish law. 7 Grant the Board the authority to opt-out of statutory pre-emption rights under Irish law. 8. Determine the price range at which the Company can re-allot shares that it acquires as treasury shares under Irish law. SEAGATE TECHNOLOGY PLC 2017 Proxy Statement Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents 2017 NOTICE OF MEETING AND PROXY STATEMENT Other: 9. Conduct such other business properly brought before the meeting. The Board recommends that you vote FOR each director nominee included in Proposal 1 and FOR each of Proposals 2 and 4 through 8. For Proposal 3, the Board recommends you vote FOR one year. The full text of these proposals is set forth in the accompanying Proxy Statement. Proposals 1, 2, 4, 5 and 6 are ordinary resolutions, equiringr the approval of a simple majority of the votes cast at the meeting. Proposal 3 requires an affirmative vote of a plurality of all votes cast at the meeting. Proposals 7 and 8 are special resolutions, requiring the approval of not less than 75% of the votes cast. Only shareholders of record as of the close of business on August 21, 2017 are entitled ot receive notice of and ot vote at the 2017 Annual General Meeting. Please provide your proxy even if you plan on attending the meeting. Instructions on how to vote your proxy are set forth in the accompanying Proxy Statement. During the meeting, following a review of Seagates business and affairs, management will also present Seagates Irish financial ts atements for the fiscal year ended June 30, 2017 and the reports of the directors and auditors thereon. By order of the Board, Katherine E. Schuelke Senior Vice President, Chief Legal Officer and Company Secretary August 30, 2017 SEAGATE TECHNOLOGY PLC 2017 Proxy Statement Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents 2017 NOTICE OF MEETING AND PROXY STATEMENT IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR THE ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON OCTOBER 18, 2017 We will be relying on the U.S. Securities and Exchange Commission (the SEC) rule that allows companies to furnish Proxy Materials over the Internet instead of mailing printed copies of those materials to each shareholder. As a result, we are sending our shareholders a Notice of Internet Availability of Proxy Materials (the Notice) instead of a paper copy of our Proxy Statement, our Irish financial ts atements for the Companys fiscal year ended June 30, 2017 (fiscal year 2017), the proxy card and our Annual Report on Form 10-K for fiscal year 2017 (collectively, the Proxy Materials). The Notice also contains instructions on how to request a paper copy of the Proxy Materials. If you have previously elected to receive our Proxy Materials electronically, you will continue ot receive these materials via email unless you elect otherwise. A full printed set of our Proxy Materials will be mailed to you automatically only if you have previously made a permanent election ot receive our Proxy Materials in printed form. IF YOU ARE A SHAREHOLDER WHO IS ENTITLED TO ATTEND, SPEAK AND VOTE, THEN YOU ARE ENTITLED TO APPOINT A PROXY OR PROXIES TO ATTEND, SPEAK AND VOTE ON YOUR BEHALF. A PROXY IS NOT REQUIRED TO BE A SHAREHOLDER IN THE COMPANY. IF YOU WISH TO APPOINT AS PROXY ANY PERSON OTHER THAN THE INDIVIDUALS SPECIFIED ON THE PROXY CARD, PLEASE CONTACT THE COMPANY SECRETARY AT OUR REGISTERED OFFICE AND ALSO NOTE THAT YOUR NOMINATED PROXY MUST ATTEND THE ANNUAL GENERAL MEETING IN PERSON IN ORDER FOR YOUR VOTES TO BE CAST. SEAGATE TECHNOLOGY PLC 2017 Proxy Statement Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents 2017 NOTICE OF MEETING AND PROXY STATEMENT SUMMARY INFORMATION This summary highlights information onc tained elsewhere in this Proxy Statement. For more complete information about the topics summarized below, please review Seagate Technology plcs Annual Report on Form 10-K and the entire Proxy Statement. 2017 Annual General Meeting of Shareholders Date and Time: Wednesday, October 18, 2017 at 9:30 a.m. local time Place: InterContinental Hotel Simmonscourt Road Dublin 4, Ireland Record Date: August 21, 2017 Voting: Shareholders as of close of business on August 21, 2017 (the Record Date) are entitled ot vote on the proxy proposals. Each ordinary share is entitled ot one vote for each director nominee and each of the other proposals.