I can't tell you if the Seagate ST500NM0031 will work. Since it isn't on the Tested Hardware list for the controller, we have no way to know.
You can try with the responsibility of validating the drive yourself to your satisfaction.
500GB HDDs aren't as desirable as the larger disks these days. Most of the SED disks listed, as you know, are SAS. Not many SATA to chose from. There are 2 and 3TB SATA SED disks there though.
Sorry I can't help any more.