Ban Seng Teh - Sep 11, 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
Stock symbol
STX
Transactions as of
Sep 11, 2021
Transactions value $
-$256,884
Form type
4
Date filed
9/15/2021, 07:20 PM
Previous filing
Sep 14, 2021
Next filing
Jul 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +623 +5.94% $0.00 11.1K Sep 11, 2021 Direct
transaction STX Ordinary Shares Options Exercise $32.1K +1.04K +9.33% $30.95 12.2K Sep 13, 2021 Direct F1
transaction STX Ordinary Shares Sale -$87K -1.04K -8.53% $83.86 11.1K Sep 13, 2021 Direct F1
transaction STX Ordinary Shares Sale -$150K -1.79K -16.06% $83.86 9.33K Sep 13, 2021 Direct F1
transaction STX Ordinary Shares Sale -$52.3K -623 -6.68% $83.99 8.71K Sep 14, 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 -623 -100% $0.00* 0 Sep 11, 2021 Ordinary Shares 623 Direct F2, F3
transaction STX NQ Stock Option Options Exercise $0 -1.04K -100% $0.00* 0 Sep 13, 2021 Ordinary Shares 1.04K $30.95 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The (i) option exercise and sale of Ordinary Shares and (ii) the sale of Ordinary Shares each reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
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 vested as to one-quarter of the shares on September 11, 2017 and each one year anniversary thereafter.
F4 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One-quarter of the options vested on September 11, 2018, and the remaining options vested in equal monthly installments over the 36 months following September 11, 2018.