Jeffrey D. Nygaard - 12 Sep 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP, Operations and Technology
Signature
Abraham S. Barrera, Attorney-in-Fact Jeffrey D. Nygaard
Issuer symbol
STX
Transactions as of
12 Sep 2022
Net transactions value
-$1,141,032
Form type
4
Filing time
14 Sep 2022, 17:48:44 UTC
Previous filing
13 Sep 2022
Next filing
02 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Award $0 +37,793 +424% $0.000000 46,703 12 Sep 2022 Direct F1
transaction STX Ordinary Shares Tax liability $1,141,032 -16,592 -36% $68.77 30,111 12 Sep 2022 Direct F2
holding STX Ordinary Shares 71,794 12 Sep 2022 Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 12, 2022, the Compensation Committee of the Board of Directors of the Issuer certified the performance metrics relating to the Performance Share Units granted to the Reporting Person on September 9, 2019. Achievement of performance objectives resulted in the Reporting Person earning 37,793 fully vested Ordinary Shares, representing in 150% of the 25,195 Performance Share Units granted.
F2 These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of the above-listed Performance Share Units.