Seagate Technology — Director's Dealing 2015

Apr 29, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2015-04-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-04-27	Ordinary Shares	M	3657	$11.155	Acquired	20728	Direct
2015-04-27	Ordinary Shares	M	1313	$29.87	Acquired	22041	Direct
2015-04-27	Ordinary Shares	M	1013	$40.16	Acquired	23054	Direct
2015-04-27	Ordinary Shares	S	6179	$58.4246	Disposed	16875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-04-27	NQ Stock Options	$11.155	M	3657	Disposed	2018-09-12	Ordinary Shares (3657)	Direct
2015-04-27	NQ Stock Options	$29.87	M	1313	Disposed	2019-09-10	Ordinary Shares (1313)	Direct
2015-04-27	NQ Stock Options	$40.16	M	1013	Disposed	2020-09-09	Ordinary Shares (1013)	Direct

Footnotes

F1: Includes 196 Ordinary Shares purchased by the Reporting Person on January 30, 2015 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

F2: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $58.4200 to $58.4400, 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 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 option shares vest in equal monthly installments over the 36 months following September 12, 2012.

F4: 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 option shares vest in equal monthly installments over the 36 months following September 10, 2013.

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 9, 2014. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2014.