Seagate Technology — Director's Dealing 2014

Feb 18, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2014-02-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-13	Ordinary Shares	M	1719	$11.065	Acquired	24203	Direct
2014-02-13	Ordinary Shares	M	1828	$11.155	Acquired	26031	Direct
2014-02-13	Ordinary Shares	M	656	$29.87	Acquired	26687	Direct
2014-02-13	Ordinary Shares	S	4437	$49.5726	Disposed	22250	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-13	NQ Stock Options	$11.065	M	1719	Disposed	2017-09-13	Ordinary Shares (1719)	Direct
2014-02-13	NQ Stock Options	$11.155	M	1828	Disposed	2018-09-12	Ordinary Shares (1828)	Direct
2014-02-13	NQ Stock Options	$29.87	M	656	Disposed	2019-09-10	Ordinary Shares (656)	Direct

Footnotes

F1: Includes 234 Ordinary Shares purchased at $35.5215 per share on January 31, 2014 under the Employee Stock Purchase Plan.

F2: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $49.406 to $49.7036, 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.

F3: Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining options vest in equal monthly installments over the 36 months following September 13, 2011.

F4: 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 option shares vested on September 12, 2012. The remaining options vest in equal monthly installments over the 36 months following September 12, 2012.

F5: 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 option shares vested on September 10, 2013. The remaining options vest in equal monthly installments over the 36 months following September 10, 2013.