John C. Morris - Dec 9, 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, HDD & SDD Products & CTO
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for John C. Morris
Stock symbol
STX
Transactions as of
Dec 9, 2023
Transactions value $
-$18,375
Form type
4
Date filed
12/12/2023, 04:53 PM
Previous filing
Sep 19, 2023
Next filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +499 +1.76% $0.00 28.8K Dec 9, 2023 Direct
transaction STX Ordinary Shares Sale -$18.4K -228 -0.79% $80.59 28.6K Dec 9, 2023 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 -499 -8.33% $0.00 5.49K Dec 9, 2023 Ordinary Shares 499 Direct F2, 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 securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F2 Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F3 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive 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.