Ravi Naik - Aug 21, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & CIO
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Ravi Naik
Stock symbol
STX
Transactions as of
Aug 21, 2021
Transactions value $
-$341,303
Form type
4
Date filed
8/24/2021, 06:17 PM
Previous filing
Aug 27, 2021
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +7.7K +49.14% $0.00 23.4K Aug 21, 2021 Direct
transaction STX Ordinary Shares Tax liability -$341K -3.82K -16.34% $89.44 19.5K Aug 21, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction STX Restricted Share Unit Options Exercise $0 -7.7K -100% $0.00* 0 Aug 21, 2021 Ordinary Shares 7.7K $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F2 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F3 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on August 21, 2018 and each one-year anniversary thereafter.