Jeffrey D. Nygaard - Jan 5, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Executive Vice President
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Nygaard.
Stock symbol
STX
Transactions as of
Jan 5, 2022
Transactions value $
-$250,926
Form type
4
Date filed
1/6/2022, 05:19 PM
Previous filing
Jan 10, 2022
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 $114K +3.16K +25.32% $36.09 15.6K Jan 5, 2022 Direct F1
transaction STX Ordinary Shares Sale -$142K -1.23K -7.88% $115.12 14.4K Jan 5, 2022 Direct F1, F2
transaction STX Ordinary Shares Sale -$223K -1.93K -13.38% $115.82 12.5K Jan 5, 2022 Direct F1, F3
holding STX Ordinary Shares 59.1K Jan 5, 2022 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 NQ Options Options Exercise $0 -3.16K -100% $0.00* 0 Jan 5, 2022 Ordinary Shares 3.16K $36.09 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option exercise 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 $114.33 to $115.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide 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 $115.42 to $116.21. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide 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 Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2017. The remaining options vested in equal monthly installments over the 36 months following September 9, 2017.