SEC FORM 3/A

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person^*

O MALLEY PATRICK J

(Last)

(First)

(Middle)

920 DISC DRIVE

ATTN: STOCK PLAN ADMINISTRATION

(Street)

SCOTTS VALLEY

95067

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/10/2006

3. Issuer Name and Ticker or Trading Symbol
SEAGATE TECHNOLOGY [ STX ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Sr. VP, Finance, Treasurer

5. If Amendment, Date of Original Filed (Month/Day/Year)
10/10/2006

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)
Common Shares	384,720.53	D
Common Shares	46,714	I	Patrick J O'Malley III & Patricia A O'Malley Trustees for the O'Malley Living Trust dtd 11/22/94

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
NQ Stock Options	11/22/2001⁽¹⁾	07/24/2011	Common Shares	218,478	$2.3	D
NQ Stock Options	01/31/2006⁽²⁾	01/31/2012	Common Shares	750,000	$5	D
NQ Stock Options	09/27/2006⁽³⁾	09/27/2012	Common Shares	100,000	$15.065	D
NQ Stock Options	04/27/2010⁽⁴⁾	04/27/2013	Common Shares	250,000	$25.48	D

Explanation of Responses:

1. Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on November 22, 2001. The remaining option shares vested proportionally each month over the 36 months following November 22, 2001.

2. Options granted to the Reporting Person under the Issuer's 2001 Share Option Plan are subject to a five year-vesting schedule. 20% vested on January 31, 2006. The balance of shares will vest on January 31, 2007.

3. Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 27, 2006. The remaining option shares are vesting and will continue to vest proportionally each month over the 36 months following September 27, 2006.

4. Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a five-year vesting schedule. One half of the option shares will vest on April 27, 2010. The remaining option shares will vest on April 27, 2011.

Remarks:

(*) This amended filing on Form 3 reflects the removal of 13,286 shares previously reported as held in a grantor retained annuity trust. Pursuant to Rule 16a-8, Mr. O'Malley is not deemed to have beneficial ownership over these shares held in trust.

	/S/ Roberta S. Cohen for Patrick J. O'Malley	11/13/2006
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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