Seagate Technology — Director's Dealing 2020

Jul 31, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2020-07-28

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-07-28	Ordinary Shares	A	5646	—	Acquired	6012	Direct
2020-07-28	Ordinary Shares	A	5966	—	Acquired	11978	Direct
2020-07-28	Ordinary Shares	A	3615	—	Acquired	15593	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Ordinary Shares	55231	Indirect

Footnotes

F1: On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,646 of the 22,585 Threshold Performance Share Units granted to Mr. Nygaard on November 20, 2017. The 5,646 Ordinary Shares will vest on November 20, 2020, subject to continuous service through such date.

F2: Includes 366 Ordinary Shares purchased by Reporting Person on January 31, 2020 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

F3: On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,966 of the 23,862 Threshold Performance Share Units granted to Mr. Nygaard on September 10, 2018. The 5,966 Ordinary Shares will vest on September 10, 2020, subject to continuous service through such date.

F4: On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,615 of the 14,458 Threshold Performance Share Units granted to Mr. Nygaard on September 9, 2019. The 3,615 Ordinary Shares will vest on September 9, 2020, subject to continuous service through such date.

F5: On December 4, 2019, the Reporting Person transferred 21,501 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.