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Seagate Technology Director's Dealing 2020

Dec 9, 2020

9954_dirs_2020-12-08_e59ac4a4-c2a0-4dcb-b2a8-530238dab811.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: 2020-12-07

Reporting Person: Fochtman Jeffrey D. (SVP, Business & Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-12-07 Ordinary Shares M 1943 $36.09 Acquired 7724 Direct
2020-12-07 Ordinary Shares M 2752 $30.95 Acquired 10476 Direct
2020-12-07 Ordinary Shares S 4695 $63.4231 Disposed 5781 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-12-07 NQ Stock Option $36.09 M 1943 Disposed 2023-09-09 Ordinary Shares (1943.0) Direct
2020-12-07 NQ Stock Option $30.95 M 2752 Disposed 2024-09-11 Ordinary Shares (2752.0) Direct

Footnotes

F1: These Ordinary Shares were sold in multiple trades at prices ranging from $63.42 to $63.4237. 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 are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2017. The remaining options vested in equal monthly installments over the 36 months following September 9, 2017.

F3: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 11, 2018. Subject to continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 11, 2018.