Seagate Technology — Director's Dealing 2019

Feb 20, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2019-02-14

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-14	Ordinary Shares	M	10000	$30.95	Acquired	20832	Direct
2019-02-14	Ordinary Shares	S	20832	$45.7452	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-14	NQ Stock Option Grant	$30.95	M	10000	Disposed	2024-09-11	Ordinary Shares (10000.0)	Direct

Footnotes

F1: Includes 263 Ordinary Shares purchased by Reporting Person on January 31, 2019 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

F2: These Ordinary Shares were sold in multiple trades at prices ranging from $45.74 to $45.78. 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.

F3: The options, originally for 87,432 Ordinary Shares and granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan, are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options vested on September 11, 2018. The remaining options vest in equal monthly installments over the 36 months following September 11, 2018.