Seagate Technology — Director's Dealing 2012

Sep 12, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2012-09-10

Reporting Person: MORTON DAVID H JR (VP, FINANCE, TREASURER &PAO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-09-10	Ordinary Shares	A	11000	—	Acquired	31807	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-09-10	NQ Stock Options	$29.87	A	10500	Acquired	2019-09-10	Ordinary Shares (10500)	Direct

Footnotes

F1: Consists of a grant of restricted stock units awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan"). Each restricted stock unit represents a contingent right to receive one share of Seagate ordinary shares. Subject to the Reporting Person's continuous service with the Company, restricted stock units will vest in equal installments on each of the first four anniversaries of September 10, 2012.

F2: Options granted to the Reporting Person under the Plan are subject to a four year vesting schedule. Subject to continuous employment, one quarter of the option shares will vest on September 10, 2013. The remaining option shares will vest in equal monthly installments over the 36 months following September 10, 2013.