Seagate Technology — Director's Dealing 2015

Sep 23, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2015-09-10

Reporting Person: O MALLEY PATRICK J (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-09-10	Ordinary Shares	F	2819	$50.10	Disposed	116756	Direct
2015-09-10	Ordinary Shares	F	92	$50.10	Disposed	1258	Indirect
2015-09-11	Ordinary Shares	F	2361	$49.22	Disposed	114395	Direct
2015-09-11	Ordinary Shares	F	111	$49.22	Disposed	1147	Indirect
2015-09-14	Ordinary Shares	F	7632	$48.94	Disposed	106763	Direct
2015-09-21	Ordinary Shares	A	62800	$0.00	Acquired	169563	Direct
2015-09-21	Ordinary Shares	A	995	$0.00	Acquired	2142	Indirect
2015-09-23	Ordinary Shares	F	32770	$46.20	Disposed	136793	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	401557	Indirect

Footnotes

F1: Reporting of this transaction was delayed due to an administrative error in connection with the Issuer's adoption of a net share settlement program for taxes incurred by officers upon the vesting of equity awards.

F2: On September 21, 2015, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 62,800 of the 80,000 Performance Share Units granted to Mr. O'Malley on September 10, 2012. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 157% of the Performance Share Units granted. The 62,800 Ordinary Shares vested on September 21, 2015.

F3: Granted to the Reporting Person's spouse on September 21, 2015 by the Compensation Committee under the Issuer's 2012 Equity Incentive Plan and will vest in equal amounts on the anniversary of the grant date over the next four years.