Prat Bhatt - Oct 20, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Prat Bhatt
Stock symbol
STX
Transactions as of
Oct 20, 2021
Transactions value $
-$140,283
Form type
4
Date filed
10/22/2021, 07:59 PM
Previous filing
Sep 22, 2021
Next filing
Nov 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +4.84K $0.00 4.84K Oct 20, 2021 Direct
transaction STX Ordinary Shares Tax liability -$140K -1.74K -36.01% $80.53 3.1K Oct 20, 2021 Direct F1

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 -4.84K -100% $0.00* 0 Oct 20, 2021 Ordinary Shares 4.84K $0.00 Direct F2
transaction STX Restricted Share Unit Award $0 +3.16K $0.00 3.16K Oct 20, 2021 Ordinary Shares 3.16K $0.00 Direct 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. The award vested on the date of the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending July 2, 2021.
F3 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) the date of the next annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending on July 1, 2022 provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.