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Seagate Technology Director's Dealing 2014

Sep 15, 2014

9954_dirs_2014-09-15_d08d68d4-884b-44c3-a4f6-076920f17db9.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: 2014-09-11

Reporting Person: RE MARK (SVP & Chief Technical Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2014-09-11 Ordinary Shares A 21000 $0.00 Acquired 79560.503 Direct
2014-09-15 Ordinary Shares S 3889 $59.3857 Disposed 75671.503 Direct

Footnotes

F1: On September 11, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 10,500 of the 10,500 Performance Share Units granted to Mr. Re on September 12, 2011. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 200% of the Performance Share Units granted. The 21,000 Ordinary Shares will vest on September 12, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.

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 $59.38 to $59.40, 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.