Michael R. Cannon - Oct 19, 2024 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Louis A. Thorson, Attorney-in-fact for Michael R. Cannon
Stock symbol
STX
Transactions as of
Oct 19, 2024
Transactions value $
$0
Form type
4
Date filed
10/22/2024, 06:15 PM
Previous filing
Nov 13, 2023
Next filing
Nov 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +5.44K +18.37% $0.00 35K Oct 19, 2024 Direct
holding STX Ordinary Shares 6.89K Oct 19, 2024 Michael R. 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 Award $0 +3.43K $0.00 3.43K Oct 19, 2024 Ordinary Shares 3.43K $0.00 Direct F1
transaction STX Restricted Share Unit Options Exercise $0 -5.44K -100% $0.00 0 Oct 19, 2024 Ordinary Shares 5.44K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of a grant of restricted share units (RSUs) awarded to the Reporting Person on October 19, 2024 under the Seagate Technology Holdings plc 2022 Equity Incentive Plan (the "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 27, 2025, provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.
F2 Consists of a grant of RSUs awarded to the Reporting Person on October 23, 2023 under the 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.

Remarks:

Exhibit 24 - Power of Attorney attached hereto