Jeffrey D. Nygaard - Jul 24, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP, Operations and Technology
Signature
Abraham S. Barrera, Attorney-in-Fact Jeffrey D. Nygaard
Stock symbol
STX
Transactions as of
Jul 24, 2022
Transactions value $
$0
Form type
4
Date filed
7/26/2022, 09:52 PM
Previous filing
Jan 6, 2022
Next filing
Sep 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Award $0 +5.97K +3123.04% $0.00 6.16K Jul 24, 2022 Direct F1, F2
transaction STX Ordinary Shares Award $0 +3.61K +58.71% $0.00 9.77K Jul 24, 2022 Direct F3
transaction STX Ordinary Shares Award $0 +3.63K +37.14% $0.00 13.4K Jul 24, 2022 Direct F4
holding STX Ordinary Shares 71.8K Jul 24, 2022 Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009 F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,965 of the 23,862 Threshold Performance Share Units granted to Mr. Nygaard on September 10, 2018. The 5,965 Ordinary Shares will vest on September 10, 2022, subject to continuous service through such date.
F2 Includes 191 Ordinary Shares purchased by Reporting Person on January 31, 2022 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
F3 On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,614 of the 14,458 Threshold Performance Share Units granted to Mr. Nygaard on September 9, 2019. The 3,614 Ordinary Shares will vest on September 9, 2022, subject to continuous service through such date.
F4 On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,629 of the 14,515 Threshold Performance Share Units granted to Mr. Nygaard on September 9, 2020. The 3,629 Ordinary Shares will vest on September 9, 2022, subject to continuous service through such date.
F5 On April 26, 2022, the Reporting Person transferred 191 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.