Seagate Technology — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2010-07-27

Reporting Person: LUCZO STEPHEN J (Director, Chairman, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-07-27	Ordinary Shares	A	75000	$0.00	Acquired	81250	Direct

Footnotes

F1: On July 27, 2010, the Compensation Committee of the Board of Directors of the Issuer authorized and confirmed that the performance metrics were met with respect to 75,000 of the 150,000 Performance Shares (the "2009 Shares") granted to Mr. Luczo on January 30, 2009 and reported on Mr. Luczo's Form 4 dated February 3, 2009.

F2: Excludes 305,560 Performance Unit Shares previously reported on Mr. Luczo's Form 4 dated September 15, 2010 and 75,000 of the 2009 Shares previously reported on Mr. Luczo's Form 4 dated February 3, 2009. The vesting of such Performance Unit Shares and 2009 Shares remains subject to the achievement of performance goals that are not tied to the market price of the Company's ordinary shares. Pursuant to the Securities and Exchange Commission's interpretative guidance, these Performance Unit Shares and 2009 Shares are not required to be reported on Mr. Luczo's Section 16 filings until such performance goals have been achieved.