Richard L. Clemmer - Oct 24, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Abraham S. Barrera - Attorney-in-Fact for Richard L. Clemmer
Stock symbol
STX
Transactions as of
Oct 24, 2022
Transactions value $
-$11,712
Form type
4
Date filed
10/24/2022, 07:20 PM
Previous filing
Aug 25, 2022
Next filing
Apr 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +577 +5.02% $0.00 12.1K Oct 24, 2022 Direct
transaction STX Ordinary Shares Tax liability -$11.7K -208 -1.72% $56.31 11.9K Oct 24, 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 -577 -100% $0.00* 0 Oct 24, 2022 Ordinary Shares 577 $0.00 Direct F2
transaction STX Restricted Share Unit Award $0 +3.8K $0.00 3.8K Oct 24, 2022 Ordinary Shares 3.8K $0.00 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 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.