Gianluca Romano - Oct 4, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & CFO
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Gianluca Romano
Stock symbol
STX
Transactions as of
Oct 4, 2021
Transactions value $
-$963,481
Form type
4
Date filed
10/6/2021, 07:14 PM
Previous filing
Sep 14, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $550K +12K +55.76% $45.89 33.5K Oct 4, 2021 Direct F1
transaction STX Ordinary Shares Options Exercise $447K +9.68K +28.87% $46.23 43.2K Oct 4, 2021 Direct F1
transaction STX Ordinary Shares Options Exercise $245K +4.47K +10.35% $54.78 47.7K Oct 4, 2021 Direct F1
transaction STX Ordinary Shares Sale -$1.65M -19.6K -41.05% $84.17 28.1K Oct 4, 2021 Direct F1, F2
transaction STX Ordinary Shares Sale -$559K -6.58K -23.41% $85.07 21.5K Oct 4, 2021 Direct F1, F3

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 NQ Options Options Exercise $0 -12K -22.73% $0.00 40.8K Oct 4, 2021 Ordinary Shares 12K $45.89 Direct F4
transaction STX NQ Options Options Exercise $0 -9.68K -25% $0.00 29K Oct 4, 2021 Ordinary Shares 9.68K $46.23 Direct F5
transaction STX NQ Options Options Exercise $0 -4.47K -17.24% $0.00 21.4K Oct 4, 2021 Ordinary Shares 4.47K $54.78 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercises and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 These Ordinary Shares were sold in multiple trades at prices ranging from $83.59 to $84.58. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes toprovide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3 These Ordinary Shares were sold in multiple trades at prices ranging from $84.62 to $85.55. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes toprovide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4 Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. One quarter of the options vested on February 20,2020. Subject to the Reporting Person's continuous employment, the remaining options vest in equal monthly installments over the 36 months following February 20, 2020.
F5 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 9, 2021. Subject to the Reporting Person's continuous employment, the remaining options will vest in equal monthly installments over the 36 months following September 9, 2021.
F6 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 9, 2020. Subject to the Reporting Person's continuousemployment, the remaining options will vest in equal monthly installments over the 36 months following September 9, 2020.