Seagate Technology — Director's Dealing 2019

Oct 31, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2019-10-28

Reporting Person: ZANDER EDWARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-10-28	Ordinary Shares	M	5146	—	Acquired	5146	Direct
2019-10-28	Ordinary Shares	F	1853	$57.75	Disposed	46088	Indirect

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	16698	Indirect

Footnotes

F1: On October 29, 2019, the Reporting Person transferred 3,293 Ordinary Shares previously owned directly (5,146 Ordinary Shares vested on October 28, 2019 minus 1,853 Ordinary Shares withheld to cover tax liabilities) to The Edward and Mona Zander Trust dtd 4/19/93.

F2: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").

F3: These shares are held by Zanadu Capital Partners, L.P. (the "Partnership"), and the number reported reflects the aggregate number of shares held by the Partnership. The Reporting Person is a general partner of the Partnership. The Reporting Person disclaims beneficial ownership in the shares held by the Partnership except to the extent of his pecuniary interest therein.

F4: 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.

F5: 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.