Yolanda Lee Conyers - 24 Oct 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Abraham S. Berrera, Attorney-in-Fact for Yolanda Lee Conyers
Issuer symbol
STX
Transactions as of
24 Oct 2022
Net transactions value
-$42,852
Form type
4
Filing time
24 Oct 2022, 19:18:23 UTC
Previous filing
26 Jan 2022
Next filing
24 Oct 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 Options Exercise $0 +2,112 $0.000000 2,112 24 Oct 2022 Direct
transaction STX Ordinary Shares Tax liability $42,852 -761 -36% $56.31 1,351 24 Oct 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 -2,112 -100% $0.000000* 0 24 Oct 2022 Ordinary Shares 2,112 $0.000000 Direct F2
transaction STX Restricted Share Unit Award $0 +3,803 $0.000000 3,803 24 Oct 2022 Ordinary Shares 3,803 $0.000000 Direct F3
* 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 Restricted Share Units ("RSUs").
F2 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date of the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending July 1, 2022.
F3 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive Plan for no consideration. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) one day prior to the next annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending on June 30, 2023.

Remarks:

Exhibit 24 - Power of Attorney attached hereto