Ban Seng Teh - Sep 9, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP, Global Sales & Marketing
Signature
/s/ Abraham S. Barrera, Attorney-in-Fact for Ban Seng Teh
Stock symbol
STX
Transactions as of
Sep 9, 2022
Transactions value $
$0
Form type
4
Date filed
9/13/2022, 09:25 PM
Previous filing
Jul 26, 2022
Next filing
Sep 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +1.79K +16.6% $0.00 12.5K Sep 10, 2022 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +2.34K +18.67% $0.00 14.9K Sep 9, 2022 Direct
transaction STX Ordinary Shares Options Exercise $0 +3.46K +23.29% $0.00 18.3K Sep 9, 2022 Direct
transaction STX Ordinary Shares Options Exercise $0 +1.41K +7.67% $0.00 19.7K Sep 9, 2022 Direct

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 -1.79K -100% $0.00* 0 Sep 10, 2022 Ordinary Shares 1.79K Direct F2, F3
transaction STX Restricted Share Unit Options Exercise $0 -2.34K -50% $0.00 2.34K Sep 9, 2022 Ordinary Shares 2.34K Direct F2, F4
transaction STX Restricted Share Unit Options Exercise $0 -3.46K -33.33% $0.00 6.93K Sep 9, 2022 Ordinary Shares 3.46K Direct F2, F5
transaction STX Restricted Share Unit Options Exercise $0 -1.41K -24.99% $0.00 4.22K Sep 9, 2022 Ordinary Shares 1.41K Direct F2, F6
transaction STX NQ Options Award $0 +25.6K $0.00 25.6K Sep 9, 2022 Ordinary Shares 25.6K $68.83 Direct F7
transaction STX Restricted Share Unit Award $0 +3.48K $0.00 3.48K Sep 9, 2022 Ordinary Shares 3.48K $0.00 Direct F8
transaction STX Restricted Share Unit Award $0 +9.59K $0.00 9.59K Sep 9, 2022 Ordinary Shares 9.59K $0.00 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 2 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.
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 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 10, 2019 and each one-year anniversary thereafter.
F4 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, 2020 and each one-year anniversary thereafter.
F5 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.
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 as to one-quarter of the shares on September 9, 2022 and each one year anniversary thereafter.
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.
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 in full on September 9, 2023.
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 9, 2023 and each quarter thereafter.