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Seagate Technology Director's Dealing 2019

Oct 31, 2019

9954_dirs_2019-10-30_42cab8c3-d65f-43dc-9177-e0a511175f01.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: 2019-10-28

Reporting Person: CANNON MICHAEL R (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-10-28 Ordinary Shares M 5146 Acquired 25560 Direct
2019-10-28 Ordinary Shares F 1853 $57.75 Disposed 23707 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2019-10-28 Restricted Share Unit $0.0 M 5146 Disposed Ordinary Shares (5146.0) Direct
2019-10-29 Restricted Share Unit $0.0 A 5579 Acquired Ordinary Shares (5579.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Ordinary Shares 6885 Indirect

Footnotes

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

F2: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date prior to the annual general meeting of the shareholders of the Issuer following the end of the Issuer's fiscal year ended June 28, 2019.

F3: Consists of a grant of RSUs awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) one day prior to the next election of directors following the date of grant.