Seagate Technology — Director's Dealing 2020

Dec 8, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2020-12-03

Reporting Person: Nygaard Jeffrey D. (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-12-03	Ordinary Shares	M	5000	$36.09	Acquired	26644	Direct
2020-12-03	Ordinary Shares	S	5000	$61.50	Disposed	21644	Direct
2020-12-03	Ordinary Shares	M	10000	$39.85	Acquired	31644	Direct
2020-12-03	Ordinary Shares	S	10000	$62	Disposed	21644	Direct
2020-12-03	Ordinary Shares	M	5000	$36.09	Acquired	26644	Direct
2020-12-03	Ordinary Shares	S	5000	$62.5004	Disposed	21644	Direct
2020-12-04	Ordinary Shares	M	10000	$39.85	Acquired	31644	Direct
2020-12-04	Ordinary Shares	S	10000	$64	Disposed	21644	Direct
2020-12-04	Ordinary Shares	M	7152	$36.09	Acquired	28796	Direct
2020-12-04	Ordinary Shares	S	7152	$64	Disposed	21644	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-12-03	NQ Stock Option	$36.09	M	5000	Disposed	2023-09-09	Ordinary Shares (5000.0)	Direct
2020-12-03	NQ Stock Option	$36.09	M	5000	Disposed	2023-09-09	Ordinary Shares (5000.0)	Direct
2020-12-04	NQ Stock Option	$36.09	M	7152	Disposed	2023-09-09	Ordinary Shares (7152.0)	Direct
2020-12-03	NQ Stock Option	$39.85	M	10000	Disposed	2024-11-20	Ordinary Shares (10000.0)	Direct
2020-12-04	NQ Stock Option	$39.85	M	10000	Disposed	2024-11-20	Ordinary Shares (10000.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	55231	Indirect

Footnotes

F1: The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: These Ordinary Shares were sold in multiple trades at prices ranging from $62.50 to $62.51. 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: 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.

F4: 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 November 20, 2018. Subject to continuous employment, the remaining options vest in equal monthly installments over the 36 months following November 20, 2018.