Ban Seng Teh - 09 Sep 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
Issuer symbol
STX
Transactions as of
09 Sep 2022
Net transactions value
$0
Form type
4
Filing time
13 Sep 2022, 21:25:35 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 Options Exercise $0 +1,785 +17% $0.000000 12,535 10 Sep 2022 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +2,340 +19% $0.000000 14,875 09 Sep 2022 Direct
transaction STX Ordinary Shares Options Exercise $0 +3,464 +23% $0.000000 18,339 09 Sep 2022 Direct
transaction STX Ordinary Shares Options Exercise $0 +1,407 +7.7% $0.000000 19,746 09 Sep 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 -1,785 -100% $0.000000* 0 10 Sep 2022 Ordinary Shares 1,785 Direct F2, F3
transaction STX Restricted Share Unit Options Exercise $0 -2,340 -50% $0.000000 2,340 09 Sep 2022 Ordinary Shares 2,340 Direct F2, F4
transaction STX Restricted Share Unit Options Exercise $0 -3,464 -33% $0.000000 6,928 09 Sep 2022 Ordinary Shares 3,464 Direct F2, F5
transaction STX Restricted Share Unit Options Exercise $0 -1,407 -25% $0.000000 4,223 09 Sep 2022 Ordinary Shares 1,407 Direct F2, F6
transaction STX NQ Options Award $0 +25,560 $0.000000 25,560 09 Sep 2022 Ordinary Shares 25,560 $68.83 Direct F7
transaction STX Restricted Share Unit Award $0 +3,475 $0.000000 3,475 09 Sep 2022 Ordinary Shares 3,475 $0.000000 Direct F8
transaction STX Restricted Share Unit Award $0 +9,585 $0.000000 9,585 09 Sep 2022 Ordinary Shares 9,585 $0.000000 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.