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Seagate Technology Director's Dealing 2017

Sep 13, 2017

9954_dirs_2017-09-12_34965876-2b7e-4151-ab4c-19156e83f123.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2017-09-08

Reporting Person: LUCZO STEPHEN J (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-08-17 Ordinary Shares G 10000 Disposed 1214158 Indirect
2017-09-08 Ordinary Shares M 34375 $11.065 Acquired 87735 Direct
2017-09-09 Ordinary Shares F 6236 Disposed 81499 Direct
2017-09-09 Ordinary Shares F 7422 Disposed 74077 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-09-08 NQ Stock Options $11.065 M 34375 Disposed 2017-09-13 Ordinary Shares (34375.0) Direct
2017-09-11 Restricted Share Unit $0.0 A 210017 Acquired Ordinary Shares (210017.0) Direct

Footnotes

F1: On August 17, 2017, the Reporting Person gifted 10,000 Ordinary Shares from the Stephen J. Luczo Revocable Trust dated January 26, 2001.

F2: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.

F3: Options granted to the Reporting Person under the Seagate Technology 2001 Stock Option Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 13, 2011. Following continuous employment, the remaining options vested proportionately over the 36 months following September 13, 2011.

F4: Consists of a grant of restricted stock units awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan"). The restricted stock units will be converted into ordinary shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such restricted stock units will be settled in ordinary shares in equal installments on each of the first three anniversaries of September 11, 2017.