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Seagate Technology Director's Dealing 2021

Mar 16, 2021

9954_dirs_2021-03-16_5cec3879-d7b0-4640-86d2-a6b0025482e6.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: 2021-03-12

Reporting Person: Teh Ban Seng (EVP, Global Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-03-12 Ordinary Shares M 171 $50.10 Acquired 22331 Direct
2021-03-12 Ordinary Shares M 737 $36.09 Acquired 23068 Direct
2021-03-12 Ordinary Shares M 778 $30.95 Acquired 23846 Direct
2021-03-12 Ordinary Shares S 20357 $76.7221 Disposed 3489 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-03-12 NQ Stock Option $50.1 M 171 Disposed 2022-09-09 Ordinary Shares (171.0) Direct
2021-03-12 NQ Stock Option $36.09 M 737 Disposed 2023-09-09 Ordinary Shares (737.0) Direct
2021-03-12 NQ Stock Option $30.95 M 778 Disposed 2024-09-11 Ordinary Shares (778.0) Direct

Footnotes

F1: These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: These Ordinary Shares were sold in multiple trades at prices ranging from $76.28 to $77.04. 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: One quarter of the options vested on September 9, 2016. The remaining options vested in equal monthly installments over the 36 months following September 9, 2016.

F4: One quarter of the options vested on September 9, 2017. The remaining options vested in equal monthly installments over the 36 months following September 9, 2017.

F5: 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.