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Seagate Technology Director's Dealing 2020

Sep 12, 2020

9954_dirs_2020-09-11_65165c2e-3a60-489c-b3db-387a3f0b91f1.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: 2020-09-09

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-09-09 Ordinary Shares M 973 Acquired 973 Direct
2020-09-09 Ordinary Shares F 337 $46.23 Disposed 636 Direct
2020-09-09 Ordinary Shares M 1517 Acquired 2153 Direct
2020-09-09 Ordinary Shares F 525 $46.23 Disposed 1628 Direct
2020-09-10 Ordinary Shares M 1620 Acquired 3248 Direct
2020-09-10 Ordinary Shares F 561 $45.93 Disposed 2687 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-09-09 Restricted Share Unit $ A 15390 Acquired Ordinary Shares (15390.0) Direct
2020-09-09 Restricted Share Unit $ M 973 Disposed Ordinary Shares (973.0) Direct
2020-09-09 Restricted Share Unit $ M 1517 Disposed Ordinary Shares (1517.0) Direct
2020-09-10 Restricted Share Unit $ M 1620 Disposed Ordinary Shares (1620.0) Direct

Footnotes

F1: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Stock Units ("RSUs").

F2: Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.

F3: Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2021 and each one-year anniversary thereafter.

F4: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2017 and each one-year anniversary thereafter.

F5: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2020 and each one-year anniversary thereafter.

F6: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.