Seagate Technology — Director's Dealing 2014

Sep 15, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2014-09-11

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-11	Ordinary Shares	S	987	$60.3534	Disposed	17815	Direct
2014-09-11	Ordinary Shares	A	18800	$0.00	Acquired	36615	Direct
2014-09-15	Ordinary Shares	S	3037	$59.47	Disposed	33578	Direct

Footnotes

F1: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $60.35 to $60.3542, 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: 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 9,400 of the 9,400 Performance Share Units granted to Mr. DeHaan 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 18,800 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.

F3: 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.