Seagate Technology — Director's Dealing 2015

Nov 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2015-11-04

Reporting Person: MORTON DAVID H JR (Chief Financial Officer & EVP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-11-04	Ordinary Shares	M	3047	$11.155	Acquired	27371	Direct
2015-11-04	Ordinary Shares	M	1312	$29.87	Acquired	28683	Direct
2015-11-04	Ordinary Shares	S	3178	$38.935	Disposed	25505	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-11-04	NQ Stock Options	$11.155	M	3047	Disposed	2018-09-12	Ordinary Shares (3047)	Direct
2015-11-04	NQ Stock Options	$29.87	M	1312	Disposed	2019-09-10	Ordinary Shares (1312)	Direct

Footnotes

F1: These Ordinary Shares were sold to cover the tax liabilities arising from the exercise of options previously granted to the Reporting Person.

F2: These Ordinary Shares were sold in multiple transactions at sales prices ranging from $38.935 to $38.9353, 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 vested 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.