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

Role
Chief Executive Officer, Director
Signature
/s/ Jamie Amentler, Attorney-in-Fact for William D. Mosley
Stock symbol
STX
Transactions as of
Sep 9, 2021
Transactions value $
-$1,241,625
Form type
4
Date filed
9/14/2021, 11:01 AM
Previous filing
Sep 3, 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 Tax liability -$563K -6.45K -1.17% $87.34 544K Sep 9, 2021 Direct F1
transaction STX Ordinary Shares Tax liability -$678K -7.77K -1.43% $87.34 536K 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 Award $0 +36K $0.00 36K Sep 9, 2021 Ordinary Shares 36K Direct F2, F3
transaction STX NQ Options Award $0 +96.1K $0.00 96.1K Sep 9, 2021 Ordinary Shares 96.1K $87.34 Direct F4
* 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 securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F2 Each restricted share unit ("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, 2022 and each one-year anniversary thereafter.
F4 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 9, 2022 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2022.