Ban Seng Teh - 09 Sep 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP, Global Sales
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Ban Seng Teh
Issuer symbol
STX
Transactions as of
09 Sep 2021
Net transactions value
$0
Form type
4
Filing time
14 Sep 2021, 11:03:08 UTC
Previous filing
10 Aug 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 Options Exercise $0 +2,340 +45% $0.000000 7,587 09 Sep 2021 Direct
transaction STX Ordinary Shares Options Exercise $0 +3,463 +46% $0.000000 11,050 09 Sep 2021 Direct

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 -2,340 -33% $0.000000 4,680 09 Sep 2021 Ordinary Shares 2,340 Direct F1, F2
transaction STX Restricted Share Unit Options Exercise $0 -3,463 -25% $0.000000 10,392 09 Sep 2021 Ordinary Shares 3,463 Direct F1, F3
transaction STX Restricted Share Unit Award $0 +5,630 $0.000000 5,630 09 Sep 2021 Ordinary Shares 5,630 Direct F1, F4
transaction STX NQ Options Award $0 +15,020 $0.000000 15,020 09 Sep 2021 Ordinary Shares 15,020 $87.34 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F2 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.
F3 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, 2021 and each one-year anniversary thereafter.
F4 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. 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.
F5 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.