Katherine Schuelke - 09 Sep 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, CLO & Corporate Secretary
Signature
/s/ Abraham S. Barrera, Attorney-in-fact for Katherine Schuelke
Issuer symbol
STX
Transactions as of
09 Sep 2022
Net transactions value
-$317,582
Form type
4
Filing time
13 Sep 2022, 21:23:12 UTC
Previous filing
06 Jun 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 Options Exercise $0 +1,807 +8.5% $0.000000 23,131 09 Sep 2022 Direct F1, F2, F3
transaction STX Ordinary Shares Tax liability $43,019 -625 -2.7% $68.83 22,506 09 Sep 2022 Direct F4
transaction STX Ordinary Shares Options Exercise $0 +3,847 +17% $0.000000 26,353 09 Sep 2022 Direct
transaction STX Ordinary Shares Tax liability $91,613 -1,331 -5.1% $68.83 25,022 09 Sep 2022 Direct F4
transaction STX Ordinary Shares Options Exercise $0 +1,885 +7.5% $0.000000 26,907 09 Sep 2022 Direct
transaction STX Ordinary Shares Tax liability $49,558 -720 -2.7% $68.83 26,187 09 Sep 2022 Direct F4
transaction STX Ordinary Shares Options Exercise $0 +3,908 +15% $0.000000 30,095 09 Sep 2022 Direct
transaction STX Ordinary Shares Tax liability $133,393 -1,938 -6.4% $68.83 28,157 10 Sep 2022 Direct F4

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 -1,807 -50% $0.000000 1,808 09 Sep 2022 Ordinary Shares 1,807 Direct F5, F6
transaction STX Restricted Share Unit Options Exercise $0 -3,847 -33% $0.000000 7,696 09 Sep 2022 Ordinary Shares 3,847 Direct F5, F7
transaction STX Restricted Share Unit Options Exercise $0 -1,885 -25% $0.000000 5,655 09 Sep 2022 Ordinary Shares 1,885 Direct F5, F8
transaction STX Restricted Share Unit Options Exercise $0 -3,908 -100% $0.000000* 0 10 Sep 2022 Ordinary Shares 3,908 Direct F5, F9
transaction STX Restricted Share Unit Award $0 +7,985 $0.000000 7,985 09 Sep 2022 Ordinary Shares 7,985 $0.000000 Direct F10
transaction STX Restricted Share Unit Award $0 +2,800 $0.000000 2,800 09 Sep 2022 Ordinary Shares 2,800 $0.000000 Direct F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 176 Ordinary Shares purchased by Reporting Person on July 30, 2021 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.
F2 Includes 132 Ordinary Shares purchased by Reporting Person on January 21, 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 Includes 123 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.
F4 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.
F5 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
F6 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2020 and each one-year anniversary thereafter.
F7 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 as to one-quarter of the shares on September 9, 2021 and each one-year anniversary thereafter.
F8 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 as to one-quarter of the shares on September 9, 2022 and each one-year anniversary thereafter.
F9 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 as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.
F10 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 as to one-quarter of the shares on September 9, 2023 and each quarter thereafter.
F11 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.

Remarks:

Exhibit 24 - Power of Attorney attached hereto