Seagate Technology — Director's Dealing 2020

Nov 25, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2020-11-20

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-20	Ordinary Shares	F	2484	$55.61	Disposed	21644	Direct
2020-11-23	Ordinary Shares	M	4145	$30.95	Acquired	25789	Direct
2020-11-23	Ordinary Shares	S	4145	$56.50	Disposed	21644	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-23	NQ Stock Option	$30.95	M	4145	Disposed	2024-09-11	Ordinary Shares (4145.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	55231	Indirect

Footnotes

F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.

F2: 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.

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 will vest in equal monthly installments over the 36 months following September 11, 2018.