WILLIAM D. MOSLEY - 20 Jul 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
Issuer symbol
STX
Transactions as of
20 Jul 2024
Net transactions value
-$2,875,725
Form type
4
Filing time
11 Sep 2024, 16:11:07 UTC
Previous filing
11 Jun 2024
Next filing
30 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +13,006 +2.1% $0.000000 647,276 09 Sep 2024 Direct
transaction STX Ordinary Shares Tax liability $666,006 -6,572 -1% $101.34 640,704 09 Sep 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +31,330 +4.9% $0.000000 672,034 09 Sep 2024 Direct
transaction STX Ordinary Shares Tax liability $1,604,415 -15,832 -2.4% $101.34 656,202 09 Sep 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +9,006 +1.4% $0.000000 665,208 09 Sep 2024 Direct
transaction STX Ordinary Shares Tax liability $461,198 -4,551 -0.68% $101.34 660,657 09 Sep 2024 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +2,814 +0.43% $0.000000 663,471 09 Sep 2024 Direct
transaction STX Ordinary Shares Tax liability $144,105 -1,422 -0.21% $101.34 662,049 09 Sep 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 +13,006 $0.000000 13,006 20 Jul 2024 Ordinary Shares 13,006 $0.000000 Direct F2
transaction STX Performance-Based Restricted Share Units Award $0 +31,330 $0.000000 31,330 20 Jul 2024 Ordinary Shares 31,330 $0.000000 Direct F3
transaction STX Performance-Based Restricted Share Units Options Exercise $0 -13,006 -100% $0.000000 0 09 Sep 2024 Ordinary Shares 13,006 $0.000000 Direct F2
transaction STX Performance-Based Restricted Share Units Options Exercise $0 -31,330 -100% $0.000000 0 09 Sep 2024 Ordinary Shares 31,330 $0.000000 Direct F3
transaction STX Restricted Share Unit Options Exercise $0 -9,006 -50% $0.000000 9,007 09 Sep 2024 Ordinary Shares 9,006 $0.000000 Direct F4
transaction STX Restricted Share Unit Options Exercise $0 -2,814 -11% $0.000000 22,517 09 Sep 2024 Ordinary Shares 2,814 $0.000000 Direct F5
transaction STX NQ Options Award $0 +103,060 $0.000000 103,060 09 Sep 2024 Ordinary Shares 103,060 $101.34 Direct F6
transaction STX Restricted Share Unit Award $0 +38,650 $0.000000 38,650 09 Sep 2024 Ordinary Shares 38,650 $0.000000 Direct F7
transaction STX Restricted Share Unit Award $0 +4,550 $0.000000 4,550 09 Sep 2024 Ordinary Shares 4,550 $0.000000 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.