Jeffrey D. Fochtman - Sep 9, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, Business & Marketing
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Fochtman
Stock symbol
STX
Transactions as of
Sep 9, 2021
Transactions value $
-$162,103
Form type
4
Date filed
9/14/2021, 10:58 AM
Previous filing
May 24, 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 +1.52K +105.35% $0.00 2.96K Sep 9, 2021 Direct
transaction STX Ordinary Shares Tax liability -$45.9K -525 -17.75% $87.34 2.43K Sep 9, 2021 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +3.85K +158.18% $0.00 6.28K Sep 9, 2021 Direct
transaction STX Ordinary Shares Tax liability -$116K -1.33K -21.2% $87.34 4.95K Sep 9, 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 -3.85K -25% $0.00 11.5K Sep 9, 2021 Ordinary Shares 3.85K Direct F2, F3
transaction STX Restricted Share Unit Options Exercise $0 -1.52K -33.32% $0.00 3.04K Sep 9, 2021 Ordinary Shares 1.52K Direct F2, F4
transaction STX Restricted Share Unit Award $0 +6.54K $0.00 6.54K Sep 9, 2021 Ordinary Shares 6.54K Direct F2, F5
* 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 Amended and Restated Seagate Technology Holdings plc 2012 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2020 and each one-year anniversary thereafter.
F4 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2019 and each one-year anniversary thereafter.
F5 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2022 and each one-year anniversary thereafter.