WILLIAM D. MOSLEY - 09 Sep 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
Issuer symbol
STX
Transactions as of
09 Sep 2021
Net transactions value
-$1,241,625
Form type
4
Filing time
14 Sep 2021, 11:01:23 UTC
Previous filing
03 Sep 2021
Next filing
14 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Tax liability $563,256 -6,449 -1.2% $87.34 544,164 09 Sep 2021 Direct F1
transaction STX Ordinary Shares Tax liability $678,370 -7,767 -1.4% $87.34 536,397 09 Sep 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 +36,025 $0.000000 36,025 09 Sep 2021 Ordinary Shares 36,025 Direct F2, F3
transaction STX NQ Options Award $0 +96,080 $0.000000 96,080 09 Sep 2021 Ordinary Shares 96,080 $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.