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Seagate Technology Director's Dealing 2014

Nov 4, 2014

9954_dirs_2014-11-04_1b4f57c2-ffcb-493a-97f3-6956df2ee2c4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2014-10-31

Reporting Person: DEHAAN DOUGLAS J (General Manager, Samsung HDD)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-10-31 Ordinary Shares M 4428 $11.065 Acquired 38006 Direct
2014-10-31 Ordinary Shares M 7925 $11.155 Acquired 45931 Direct
2014-10-31 Ordinary Shares M 2254 $29.87 Acquired 48185 Direct
2014-10-31 Ordinary Shares S 14607 $62.1458 Disposed 33578 Direct
2014-10-31 Ordinary Shares S 8480 $62.1431 Disposed 25098 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2014-10-31 NQ Stock Options $11.065 M 4428 Disposed 2017-09-13 Ordinary Shares (4428) Direct
2014-10-31 NQ Stock Options $11.155 M 7925 Disposed 2018-09-12 Ordinary Shares (7925) Direct
2014-10-31 NQ Stock Options $29.87 M 2254 Disposed 2019-09-10 Ordinary Shares (2254) Direct

Footnotes

F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $62.11 to $62.18, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.

F2: These Ordinary Shares were sold to cover the tax liabilities arising from the vesting of securities previously reported on one or more Forms 4 by the Reporting Person.

F3: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $62.11 to $62.18, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.

F4: Options granted to the Reporting Person under the Issuer's 2001 Stock Option Plan are subject to a four year vesting schedule. One quarter of the options vested on September 13, 2011. The remaining options vested monthly over the 36 months following September 13, 2011.

F5: Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 12, 2012. The remaining options vest monthly over the 36 months following September 12, 2012.

F6: Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four year vesting schedule. One quarter of the options vested September 10, 2013. The remaining options vest monthly over the 36 months following September 10, 2013.