Jeffrey D. Fochtman - 20 May 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, Business & Marketing
Signature
/s/ Abraham S. Barrera, Attorney-in-Fact for Jeffrey D. Fochtman
Issuer symbol
STX
Transactions as of
20 May 2022
Net transactions value
-$28,122
Form type
4
Filing time
24 May 2022, 18:00:44 UTC
Previous filing
10 Nov 2021
Next filing
13 Sep 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +1,007 +15% $0.000000 7,555 20 May 2022 Direct
transaction STX Ordinary Shares Tax liability $28,122 -351 -4.6% $80.12 7,204 20 May 2022 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 -1,007 -33% $0.000000 2,016 20 May 2022 Ordinary Shares 1,007 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 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 Seagate Technology plc 2012 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on May 20, 2021 and each one-year anniversary thereafter.

Remarks:

Exhibit 24 - Power of Attorney attached hereto.