Seagate Technology — Director's Dealing 2014

Jul 25, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2014-07-23

Reporting Person: LUCZO STEPHEN J (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-23	Ordinary Shares	A	21585	—	Acquired	133715	Direct
2014-07-23	Ordinary Shares	A	65000	—	Acquired	198715	Direct
2014-07-24	Ordinary Shares	S	150000	$59.006	Disposed	1365265	Indirect

Footnotes

F1: On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 21,585 of the 86,340 Performance Share Units granted to Mr. Luczo on August 1, 2012. The 21,585 Ordinary Shares will vest on August 1, 2014, subject to the continuous service through such date.

F2: On May 20, 2014, the Reporting Person transferred 29,794 Ordinary Shares previously owned directly to the Stephen J Luczo Revocable Trust.

F3: On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 65,000 of the 260,000 Performance Share Units granted to Mr. Luczo on September 12, 2011. The 65,000 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.

F4: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $58.39 to $59.62, 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.