Initial Statement of Beneficial Ownership (3)

Date : 02/06/2020 @ 9:10PM
Source : Edgar (US Regulatory)
Stock : Seagate Technology PLC (STX)
Quote : 49.07  0.43 (0.88%) @ 5:00AM
After Hours
Last Trade
Last $ 49.07 ◊ 0.00 (0.00%)

Initial Statement of Beneficial Ownership (3)

FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Teh Ban Seng
2. Date of Event Requiring Statement (MM/DD/YYYY)
1/27/2020 

3. Issuer Name and Ticker or Trading Symbol

Seagate Technology plc [STX]
(Last)        (First)        (Middle)

10200 S DE ANZA BLVD
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP, Sales /
(Street)

CUPERTINO, CA 95014      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Ordinary Shares 10829 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
NQ Stock Option  (1)9/11/2021 Ordinary Shares 17250.0 $60.87 D  
NQ Stock Option  (2)9/9/2022 Ordinary Shares 171.0 $50.1 D  
NQ Stock Option  (3)9/9/2023 Ordinary Shares 2947.0 $36.09 D  
NQ Stock Option  (4)9/11/2024 Ordinary Shares 2592.0 $30.95 D  
Restricted Share Unit  (5)9/9/2020 Ordinary Shares 1769.0 $0.0 D  
Restricted Share Unit  (6)9/11/2021 Ordinary Shares 1246.0 $0.0 D  
Restricted Share Unit  (7)9/10/2022 Ordinary Shares 5355.0 $0.0 D  
Restricted Share Unit  (8)9/9/2023 Ordinary Shares 9360.0 $0.0 D  

Explanation of Responses:
(1) 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.
(2) 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.
(3) 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.
(4) 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.
(5) 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.
(6) 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.
(7) 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.
(8) 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.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Teh Ban Seng
10200 S DE ANZA BLVD
CUPERTINO, CA 95014


SVP, Sales

Signatures
/s/ Leanne M. Mader Attorney-in-Fact for Ban Seng Teh2/6/2020
**Signature of Reporting PersonDate

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