Seagate Technology — Director's Dealing 2018

Sep 13, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2018-09-10

Reporting Person: Nygaard Jeffrey D. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-09-11	Ordinary Shares	M	2487	—	Acquired	11112	Direct
2018-09-11	Ordinary Shares	F	1094	$48.98	Disposed	10018	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-09-10	NQ Stock Option Grant	$50.29	A	66723	Acquired	2025-09-10	Ordinary Shares (66723.0)	Direct
2018-09-11	Restricted Share Unit	$	M	2487	Disposed		Ordinary Shares (2487.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	23612	Indirect

Footnotes

F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").

F2: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 10, 2019. The remaining options vest in equal monthly installments over the 36 months following September 10, 2019.

F3: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.

F4: The RSUs, originally granted to the Reporting Person under the Plan for 9,950 shares, of which 2,487 have been released, vest as to one-quarter of the shares on September 11, 2018 and each one-year anniversary thereafter.