William D. Mosley - Jul 20, 2024 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Chief Executive Officer, Director
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for William D. Mosley
Stock symbol
STX
Transactions as of
Jul 20, 2024
Transactions value $
-$2,875,725
Form type
4
Date filed
9/11/2024, 04:11 PM
Previous filing
Jun 11, 2024
Next filing
Jul 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +13K +2.05% $0.00 647K Sep 9, 2024 Direct
transaction STX Ordinary Shares Tax liability -$666K -6.57K -1.02% $101.34 641K Sep 9, 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +31.3K +4.89% $0.00 672K Sep 9, 2024 Direct
transaction STX Ordinary Shares Tax liability -$1.6M -15.8K -2.36% $101.34 656K Sep 9, 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +9.01K +1.37% $0.00 665K Sep 9, 2024 Direct
transaction STX Ordinary Shares Tax liability -$461K -4.55K -0.68% $101.34 661K Sep 9, 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +2.81K +0.43% $0.00 663K Sep 9, 2024 Direct
transaction STX Ordinary Shares Tax liability -$144K -1.42K -0.21% $101.34 662K Sep 9, 2024 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 Performance-Based Restricted Share Units Award $0 +13K $0.00 13K Jul 20, 2024 Ordinary Shares 13K $0.00 Direct F2
transaction STX Performance-Based Restricted Share Units Award $0 +31.3K $0.00 31.3K Jul 20, 2024 Ordinary Shares 31.3K $0.00 Direct F3
transaction STX Performance-Based Restricted Share Units Options Exercise $0 -13K -100% $0.00 0 Sep 9, 2024 Ordinary Shares 13K $0.00 Direct F2
transaction STX Performance-Based Restricted Share Units Options Exercise $0 -31.3K -100% $0.00 0 Sep 9, 2024 Ordinary Shares 31.3K $0.00 Direct F3
transaction STX Restricted Share Unit Options Exercise $0 -9.01K -50% $0.00 9.01K Sep 9, 2024 Ordinary Shares 9.01K $0.00 Direct F4
transaction STX Restricted Share Unit Options Exercise $0 -2.81K -11.11% $0.00 22.5K Sep 9, 2024 Ordinary Shares 2.81K $0.00 Direct F5
transaction STX NQ Options Award $0 +103K $0.00 103K Sep 9, 2024 Ordinary Shares 103K $101.34 Direct F6
transaction STX Restricted Share Unit Award $0 +38.7K $0.00 38.7K Sep 9, 2024 Ordinary Shares 38.7K $0.00 Direct F7
transaction STX Restricted Share Unit Award $0 +4.55K $0.00 4.55K Sep 9, 2024 Ordinary Shares 4.55K $0.00 Direct F8
* 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 previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F2 On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 13,006 of the 52,027 Threshold Performance Share Units granted to Mr. Mosley on September 9, 2019. The 13,006 Ordinary Shares vested on September 9, 2024.
F3 On July 20, 2024, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 31,330 of the 62,660 Threshold Performance Share Units granted to Mr. Mosley on September 9, 2020. The 31,330 Ordinary Shares vested on September 9, 2024.
F4 Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. 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.
F5 Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. 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.
F6 Options granted to the Reporting Person are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter shall vest on September 9, 2025 and then in equal quarterly installments thereafter.
F7 Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter shall vest starting on September 9, 2025 and then in equal quarterly installments thereafter.
F8 Consists of a grant of RSUs awarded to the Reporting Person. Subject to the Reporting Person's continuous employment, 100% shall vest on September 9, 2025.