Seagate Technology — Director's Dealing 2019

Nov 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2019-11-04

Reporting Person: MURPHY JAMES J (EVP, Sales & Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-11-04	Ordinary Shares	M	70000	$38.76	Acquired	98377	Direct
2019-11-04	Ordinary Shares	M	35537	$30.95	Acquired	133914	Direct
2019-11-04	Ordinary Shares	M	18070	$50.29	Acquired	151984	Direct
2019-11-04	Ordinary Shares	S	123607	$57.74	Disposed	28377	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-11-04	NQ Stock Option Grant	$38.76	M	70000	Disposed	2023-12-20	Ordinary Shares (70000.0)	Direct
2019-11-04	NQ Stock Option Grant	$30.95	M	35537	Disposed	2024-09-11	Ordinary Shares (35537.0)	Direct
2019-11-04	NQ Stock Option Grant	$50.29	M	18070	Disposed	2025-09-10	Ordinary Shares (18070.0)	Direct

Footnotes

F1: These Ordinary Shares were sold in multiple trades at prices ranging from $57.36 to $57.88. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

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. One-quarter of the options vested on December 20, 2017. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following December 20, 2017.

F3: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 11, 2018. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 11, 2018.

F4: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 10, 2019. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 10, 2019.