Seagate Technology — Director's Dealing 2013

Sep 11, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2013-09-09

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-09	Ordinary Shares	A	5400	—	Acquired	30675	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-09	NQ Stock Options	$40.16	A	8100	Acquired	2020-09-09	Ordinary Shares (8100)	Direct

Footnotes

F1: Consists of a grant of restricted stock units of which 5,400 remain outstanding awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan"). The restricted stock units will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such restricted stock units will be settled in ordinary shares in equal installments on each of the first four anniversaries of September 9, 2013.

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 options will vest on September 9, 2014. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2014.