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Filing Details

Accession Number:: 0001181431-14-027481
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-07-25 21:50:32
Reporting Period:: 2014-07-23

Filing Date:: 2014-07-25
Accepted Time:: 2014-07-25 21:50:32
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1137789	Seagate Technology Plc	STX	Computer Storage Devices (3572)	980648577

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1317882	K David Richarz	Seagate Technology Plc 10200 S. De Anza Boulevard Cupertino CA 95014	Executive Vice President,Sales	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Ordinary Shares	Acquisiton	2014-07-23	3,750	$0.00	10,391	No	4	A	Direct
Ordinary Shares	Acquisiton	2014-07-23	4,500	$0.00	14,891	No	4	A	Direct
Ordinary Shares	Acquisiton	2014-07-23	14,625	$0.00	29,516	No	4	A	Direct
Ordinary Shares	Acquisiton	2014-07-23	3,600	$0.00	33,116	No	4	A	Direct
Ordinary Shares	Acquisiton	2014-07-25	11,900	$11.07	45,016	No	4	M	Direct
Ordinary Shares	Acquisiton	2014-07-25	13,750	$29.87	58,766	No	4	M	Direct
Ordinary Shares	Disposition	2014-07-25	25,650	$59.56	33,116	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares	NQ Stock Options	Disposition	2014-07-25	11,900	$0.00	11,900	$11.07
Ordinary Shares	NQ Stock Options	Disposition	2014-07-25	13,750	$0.00	13,750	$29.87

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
3,750	2011-09-13	2017-09-13	No	4	M	Direct
16,250	2013-09-10	2019-09-10	No	4	M	Direct

Footnotes

On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,750 of the 15,000 Performance Share Units granted to Mr. Richarz on September 9, 2013. The 3,750 Ordinary Shares will vest on September 9, 2014, subject to the continuous service through such date.
On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 4,500 of the 18,000 Performance Share Units granted to Mr. Richarz on September 10, 2012. The 4,500 Ordinary Shares will vest on September 10, 2014, subject to the continuous service through such date.
On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 14,625 of the 58,500 Performance Share Units granted to Mr. Richarz on September 12, 2011. The 14,625 Ordinary Shares will vest on September 12, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.
On July 23, 2014, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,600 of the 14,400 Performance Shares granted to Mr. Richarz on September 13, 2010. The 3,600 Ordinary Shares will vest on September 13, 2014 (or in certain circumstances, at the opening of the next following trading window), subject to the continuous service through such date.
These Ordinary Shares were sold in multiple transactions at sales prices ranging from $59.48 to $59.68, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote of this Form 4.
Options granted to the Reporting Person under the Seagate Technology's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining options vest in equal monthly installments over the 36 months following September 13, 2011.
Options granted to the Reporting Person under the Seagate Technology's 2012 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 10, 2013. The remaining options vest in equal monthly installments over the 36 months following September 10, 2013.