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Seagate Technology Director's Dealing 2020

Feb 6, 2020

9954_dirs_2020-02-06_f7b34a71-c732-4b64-8b77-926cdf24ec00.zip

Director's Dealing

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SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: Seagate Technology plc (STX)
CIK: 0001137789
Period of Report: 2020-01-27

Reporting Person: Teh Ban Seng (SVP, Sales)

Holdings (Non-Derivative)

Security Shares Ownership
Ordinary Shares 10829 Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
NQ Stock Option $60.87 2021-09-11 Ordinary Shares (17250.0) Direct
NQ Stock Option $50.1 2022-09-09 Ordinary Shares (171.0) Direct
NQ Stock Option $36.09 2023-09-09 Ordinary Shares (2947.0) Direct
NQ Stock Option $30.95 2024-09-11 Ordinary Shares (2592.0) Direct
Restricted Share Unit $0.0 2020-09-09 Ordinary Shares (1769.0) Direct
Restricted Share Unit $0.0 2021-09-11 Ordinary Shares (1246.0) Direct
Restricted Share Unit $0.0 2022-09-10 Ordinary Shares (5355.0) Direct
Restricted Share Unit $0.0 2023-09-09 Ordinary Shares (9360.0) Direct

Footnotes

F1: Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. One quarter of the options vested on September 11, 2015, and the remaining options vested in equal monthly installments over the 36 months following September 11, 2015. The number reported reflects the unexercised options remaining under such grant.

F2: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2016, and the remaining options vested in equal monthly installments over the 36 months following September 9, 2016. The number reported reflects the unexercised options remaining under such grant.

F3: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2017. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 9, 2017. The number reported reflects the unvested options remaining under such grant.

F4: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 11, 2018. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 11, 2018. The number reported reflects the unvested options remaining under such grant.

F5: Consists of a grant of restricted share units ("RSUs") awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 9, 2016. The number reported reflects the unvested RSUs remaining under such grant.

F6: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 11, 2017. The number reported reflects the unvested RSUs remaining under such grant.

F7: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 10, 2018. The number reported reflects the unvested RSUs remaining under such grant.

F8: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. The RSUs will be converted into Ordinary Shares on a one-for-one basis. Subject to the Reporting Person's continuous employment, such RSUs will be settled in Ordinary Shares in equal installments on each of the first four anniversaries of September 9, 2019. The number reported reflects the unvested RSUs remaining under such grant.