Seagate Technology — Director's Dealing 2010

Jan 7, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology (STX)
CIK: 0001137789
Period of Report: 2010-01-05

Reporting Person: PARK CHONG SUP (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-05	Common Shares	M	12500	$10.1351	Acquired	38750	Direct
2010-01-05	Common Shares	S	12500	$19.00	Disposed	11250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-01-05	NQ Stock Option	$10.1351	M	12500	Disposed	2014-11-14	Common Shares (12500)	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.