Mosley William D Form 4 Seagate Technology / WILLIAM D MOSLEY ownership change

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

MOSLEY WILLIAM D

(Last) (First) (Middle)

SEAGATE TECHNOLOGY PLC

47488 KATO ROAD

(Street)

FREMONT CA 94538

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Seagate Technology plc [ STX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
07/28/2020

4. If Amendment, Date of Original Filed (Month/Day/Year)

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	07/28/2020		A		13,300(1)	A	$0	348,590(2)	D
Ordinary Shares	07/28/2020		A		16,842(3)	A	$0	365,432	D
Ordinary Shares	07/28/2020		A		12,677(4)	A	$0	378,109	D
Ordinary Shares	07/28/2020		A		13,007(5)	A	$0	391,116	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 13,300 of the 53,201 Threshold Performance Share Units granted to Mr. Mosley on September 9, 2016. The 13,300 Ordinary Shares will vest on September 9, 2020, subject to continuous service through such date.

2. Includes 516 Ordinary Shares purchased by Reporting Person on January 31, 2020 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

3. On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 16,842 of the 67,367 Threshold Performance Share Units granted to Mr. Mosley on September 11, 2017. The 16,842 Ordinary Shares will vest on September 11, 2020, subject to continuous service through such date.

4. On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 12,677 of the 50,706 Threshold Performance Share Units granted to Mr. Mosley on September 10, 2018. The 12,677 Ordinary Shares will vest on September 10, 2020, subject to continuous service through such date.

5. On July 28, 2020, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 13,007 of the 52,027 Threshold Performance Share Units granted to Mr. Mosley on September 9, 2019. The 13,007 Ordinary Shares will vest on September 9, 2020, subject to continuous service through such date.

Remarks:

Exhibit 24 - Power of Attorney attached hereto.

	/s/ Leanne M. Mader Attorney-in-Fact for William D. Mosley	07/29/2020
	** Signature of Reporting Person	Date
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