Katherine Schuelke - Sep 9, 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, CLO & Corporate Secretary
Signature
/s/ Steven M. Haines, Attorney-in-Fact for Katherine Schuelke
Stock symbol
STX
Transactions as of
Sep 9, 2023
Transactions value $
-$294,492
Form type
4
Date filed
9/12/2023, 08:19 PM
Previous filing
Jun 2, 2023
Next filing
Sep 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +1.81K +6.28% $0.00 30.6K Sep 9, 2023 Direct F1
transaction STX Ordinary Shares Tax liability -$40.9K -626 -2.04% $65.37 30K Sep 9, 2023 Direct F2
transaction STX Ordinary Shares Options Exercise $0 +3.85K +12.83% $0.00 33.8K Sep 9, 2023 Direct
transaction STX Ordinary Shares Tax liability -$87K -1.33K -3.93% $65.37 32.5K Sep 9, 2023 Direct F2
transaction STX Ordinary Shares Options Exercise $0 +1.89K +5.8% $0.00 34.4K Sep 9, 2023 Direct
transaction STX Ordinary Shares Tax liability -$42.6K -652 -1.9% $65.37 33.7K Sep 9, 2023 Direct F2
transaction STX Ordinary Shares Options Exercise $0 +2.8K +8.3% $0.00 36.5K Sep 9, 2023 Direct
transaction STX Ordinary Shares Tax liability -$63.3K -969 -2.65% $65.37 35.6K Sep 9, 2023 Direct F2
transaction STX Ordinary Shares Options Exercise $0 +2K +5.61% $0.00 37.6K Sep 9, 2023 Direct
transaction STX Ordinary Shares Tax liability -$60.6K -927 -2.47% $65.37 36.6K Sep 9, 2023 Direct F2

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 -1.81K -100% $0.00* 0 Sep 9, 2023 Ordinary Shares 1.81K Direct F3, F4
transaction STX Restricted Share Unit Options Exercise $0 -3.85K -50% $0.00 3.85K Sep 9, 2023 Ordinary Shares 3.85K Direct F3, F5
transaction STX Restricted Share Unit Options Exercise $0 -1.89K -33.33% $0.00 3.77K Sep 9, 2023 Ordinary Shares 1.89K Direct F3, F6
transaction STX Restricted Share Unit Options Exercise $0 -2.8K -100% $0.00* 0 Sep 9, 2023 Ordinary Shares 2.8K Direct F3, F7
transaction STX Restricted Share Unit Options Exercise $0 -2K -25% $0.00 5.99K Sep 9, 2023 Ordinary Shares 2K Direct F3, F8
transaction STX Restricted Share Unit Award $0 +10.9K $0.00 10.9K Sep 11, 2023 Ordinary Shares 10.9K $0.00 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 154 Ordinary Shares purchased by Reporting Person on July 31, 2023 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
F2 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.
F3 Each 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 (the "Plan"). Subject to the Reporting Person's continuous employment,such RSUs vest as to one-quarter of the shares on September 9, 2020 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, 2021 and each one-year anniversary 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 as to one-quarter of the shares on September 9, 2022 and each one-year anniversary thereafter.
F7 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.
F8 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 then in equal quarterly installments thereafter.
F9 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 11, 2024 and then in equal quarterly installments thereafter.