Michael R. Cannon - Oct 23, 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Steven M. Haines, Attorney-in-Fact for Michael R. Cannon
Stock symbol
STX
Transactions as of
Oct 23, 2023
Transactions value $
-$113,731
Form type
4
Date filed
10/24/2023, 06:42 PM
Previous filing
Nov 14, 2022
Next filing
Nov 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +4.84K +18.27% $0.00 31.3K Oct 23, 2023 Direct
transaction STX Ordinary Shares Tax liability -$114K -1.74K -5.56% $65.25 29.6K Oct 23, 2023 Direct F1
holding STX Ordinary Shares 6.89K Oct 23, 2023 Cannon Trust

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 -4.84K -100% $0.00 0 Oct 23, 2023 Ordinary Shares 4.84K $0.00 Direct F2
transaction STX Restricted Share Unit Award $0 +5.44K $0.00 5.44K Oct 23, 2023 Ordinary Shares 5.44K $0.00 Direct F3

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 one year from the date of grant following the end of the fiscal year ending June 30, 2023.
F3 Consists of a grant of restricted share units (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) the date of the next annual general meeting of shareholders of the Issuer following the end of the fiscal year ending on June 28, 2024, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.