WILLIAM D. MOSLEY - 09 Sep 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Chief Executive Officer, Director
Signature
/s/ Abraham S. Barrera, Attorney-in-Fact for William D. Mosley
Issuer symbol
STX
Transactions as of
09 Sep 2022
Net transactions value
-$1,718,479
Form type
4
Filing time
13 Sep 2022, 21:20:41 UTC
Previous filing
26 Jul 2022
Next filing
14 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 Tax liability $443,885 -6,449 -1.1% $68.83 556,940 09 Sep 2022 Direct F1, F2
transaction STX Ordinary Shares Tax liability $534,603 -7,767 -1.4% $68.83 549,173 09 Sep 2022 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +9,006 +1.6% $0.000000 558,179 09 Sep 2022 Direct
transaction STX Ordinary Shares Tax liability $307,395 -4,466 -0.8% $68.83 553,713 09 Sep 2022 Direct F1
transaction STX Ordinary Shares Tax liability $432,597 -6,285 -1.1% $68.83 547,428 10 Sep 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 -9,006 -25% $0.000000 27,019 09 Sep 2022 Ordinary Shares 9,006 Direct F3, F4
transaction STX Restricted Share Unit Award $0 +45,030 $0.000000 45,030 09 Sep 2022 Ordinary Shares 45,030 $0.000000 Direct F5
transaction STX Restricted Share Unit Award $0 +10,540 $0.000000 10,540 09 Sep 2022 Ordinary Shares 10,540 $0.000000 Direct F6
transaction STX NQ Options Award $0 +120,080 +111% $0.000000 228,080 09 Sep 2022 Ordinary Shares 120,080 $68.83 Direct F7
* 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 securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F2 Includes 8 Ordinary Shares purchased by Reporting Person on July 29, 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 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F4 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2022 and each one-year anniversary thereafter.
F5 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2023 and each quarter thereafter.
F6 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest in full on September 9, 2023.
F7 Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 9, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023.

Remarks:

Exhibit 24 - Power of Attorney attached hereto