Seagate Technology — Director's Dealing 2020

Sep 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2020-09-11

Reporting Person: LUCZO STEPHEN J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-09-11	Ordinary Shares	M	70008	—	Acquired	70008	Direct
2020-09-11	Ordinary Shares	F	10045	$46.54	Disposed	611629	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-09-11	Restricted Share Unit	$	M	70008	Disposed		Ordinary Shares (70008.0)	Direct

Footnotes

F1: Of the 70,008 Ordinary Shares reported as directly held by the Reporting Person, 59,963 Ordinary Shares were transferred on September 14, 2020 to the Stephen J. Luczo Revocable Trust dated January 26, 2001. The remaining 10,045 Ordinary Shares reported as directly held were withheld to cover tax liabilities as reported in Footnote 2.

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

F3: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.

F4: The RSUs, originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan, for 210,017 Ordinary Shares of which all Ordinary Shares have been released, vested as to one-third of the shares on September 11, 2018 and each one-year anniversary thereafter.