Ban Seng Teh - Sep 9, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Signature
/s/ Jamie Amentler, Attorney-in-Fact for Ban Seng Teh
Stock symbol
STX
Transactions as of
Sep 9, 2021
Transactions value $
$0
Form type
4
Date filed
9/14/2021, 11:03 AM
Previous filing
Aug 10, 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 +2.34K +44.6% $0.00 7.59K Sep 9, 2021 Direct
transaction STX Ordinary Shares Options Exercise $0 +3.46K +45.64% $0.00 11.1K Sep 9, 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 -2.34K -33.33% $0.00 4.68K Sep 9, 2021 Ordinary Shares 2.34K Direct F1, F2
transaction STX Restricted Share Unit Options Exercise $0 -3.46K -24.99% $0.00 10.4K Sep 9, 2021 Ordinary Shares 3.46K Direct F1, F3
transaction STX Restricted Share Unit Award $0 +5.63K $0.00 5.63K Sep 9, 2021 Ordinary Shares 5.63K Direct F1, F4
transaction STX NQ Options Award $0 +15K $0.00 15K Sep 9, 2021 Ordinary Shares 15K $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.