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Seagate Technology Director's Dealing 2010

Jan 25, 2010

9954_dirs_2010-01-25_c8f07bab-5919-47a3-ac7b-0c660a1c6386.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology (STX)
CIK: 0001137789
Period of Report: 2010-01-21

Reporting Person: PARK CHONG SUP (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-21 Common Shares M 2313 $17.8919 Acquired 13563 Direct
2010-01-21 Common Shares S 2313 $20.00 Disposed 11250 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-21 NQ Stock Option $17.8919 M 2313 Disposed 2012-02-07 Common Shares (2313) Direct

Footnotes

F1: The Sale reported on this Form 4 was affected by a 10b5-1 trading plan adopted by the Reporting Person on August 6, 2009.

F2: Options granted to the Reporting Person under Maxtor's 1996 Stock Option Plan which were assumed by Seagate on May 19, 2006. The options were subject to a four-year vesting schedule. Options became fully vested as a result of the merger.