Jeffrey D. Nygaard - 11 Sep 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Signature
/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Nygaard
Issuer symbol
STX
Transactions as of
11 Sep 2021
Net transactions value
-$91,725
Form type
4
Filing time
15 Sep 2021, 19:19:02 UTC
Previous filing
14 Sep 2021
Next filing
23 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +2,488 +18% $0.000000 16,043 11 Sep 2021 Direct
transaction STX Ordinary Shares Tax liability $91,725 -1,093 -6.8% $83.92 14,950 11 Sep 2021 Direct F1
holding STX Ordinary Shares 59,133 11 Sep 2021 Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009

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 -2,488 -100% $0.000000* 0 11 Sep 2021 Ordinary Shares 2,488 Direct F2, F3
* 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. Subject to the Reporting Person's continuous employment, such RSUs vested as to one-quarter of the shares on September 11, 2018 and each one-year anniversary thereafter.