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Seagate Technology Director's Dealing 2021

May 5, 2021

9954_dirs_2021-05-05_ccb4e053-74d7-4dad-a2da-056ed9812d13.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: 2021-05-03

Reporting Person: Romano Gianluca (EVP & CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-03 Ordinary Shares M 62380 $45.89 Acquired 73706 Direct
2021-05-03 Ordinary Shares M 16978 $54.78 Acquired 90684 Direct
2021-05-03 Ordinary Shares S 34208 $91.3138 Disposed 56476 Direct
2021-05-03 Ordinary Shares S 38647 $92.3999 Disposed 17829 Direct
2021-05-03 Ordinary Shares S 6503 $93.5343 Disposed 11326 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-03 NQ Options $45.89 M 62380 Disposed 2026-02-20 Ordinary Shares (62380.0) Direct
2021-05-03 NQ Stock Option Grant $54.78 M 16978 Disposed 2026-09-09 Ordinary Shares (16978.0) Direct

Footnotes

F1: The option exercises and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: These Ordinary Shares were sold in multiple trades at prices ranging from $90.97 to $91.95. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

F3: These Ordinary Shares were sold in multiple trades at prices ranging from $91.99 to $92.97. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

F4: These Ordinary Shares were sold in multiple trades at prices ranging from $93.03 to $94.00. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

F5: 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. Subject to continuous employment, one quarter of the options vested on February 20, 2020. The remaining options vest in equal monthly installments over the 36 months following February 20, 2020.

F6: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2020. The remaining options vest in equal monthly installments over the 36 months following September 9, 2020.