Gianluca Romano - Sep 9, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & CFO
Signature
/s/ Abraham S. Barrera, Attorney-in-Fact for Gianluca Romano
Stock symbol
STX
Transactions as of
Sep 9, 2022
Transactions value $
-$350,207
Form type
4
Date filed
9/13/2022, 09:27 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 Tax liability -$123K -1.79K -5.39% $68.83 31.5K Sep 9, 2022 Direct F1, F2
transaction STX Ordinary Shares Tax liability -$124K -1.8K -5.72% $68.83 29.7K Sep 9, 2022 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +3.02K +10.16% $0.00 32.7K Sep 9, 2022 Direct
transaction STX Ordinary Shares Tax liability -$103K -1.5K -4.58% $68.83 31.2K Sep 9, 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 -3.02K -25% $0.00 9.05K Sep 9, 2022 Ordinary Shares 3.02K Direct F3, F4
transaction STX Restricted Share Unit Award $0 +15.3K $0.00 15.3K Sep 9, 2022 Ordinary Shares 15.3K $0.00 Direct F5
transaction STX Restricted Share Unit Award $0 +4.57K $0.00 4.57K Sep 9, 2022 Ordinary Shares 4.57K $0.00 Direct F6
transaction STX NQ Options Award $0 +40.9K $0.00 40.9K Sep 9, 2022 Ordinary Shares 40.9K $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 101 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 theSecurities Exchange Act of 1934.
F3 Each restricted share unit ("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 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.