Mark Adams - Oct 20, 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Abraham Barrera, Attorney-in-Fact for Mark W. Adams
Stock symbol
STX
Transactions as of
Oct 20, 2022
Transactions value $
-$60,401
Form type
4
Date filed
10/24/2022, 07:28 PM
Previous filing
Sep 28, 2022
Next filing
Jan 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +3.16K $0.00 3.16K Oct 20, 2022 Direct F1
transaction STX Ordinary Shares Tax liability -$60.4K -1.14K -100% $53.03 0 Oct 20, 2022 Direct F2
holding STX Ordinary Shares 14.3K Oct 20, 2022 Adams Family Trust DTD 10/27/2000 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 -3.16K -100% $0.00* 0 Oct 20, 2022 Ordinary Shares 3.16K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mark Adams is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 On October 20, 2022, the Reporting Person transferred 2,023 Ordinary Shares previously owned directly (3,162 Ordinary Shares vested on October 20, 2022 minus 1,139 Ordinary Shares withheld to cover taxliabilities) to Mark Woolsey Adams and Maureen Madden Adams, Trustees Adams Family Trust DTD 10/27/2000 ("Adams Family Trust DTD 10/27/2000")
F2 These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F3 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested one year from the date of grant following the end of the fiscal year ending July 1, 2022.

Remarks:

Exhibit 24 - Power of Attorney attached hereto