Jeffrey D. Fochtman - May 20, 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
SVP, Business & Marketing
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Fochtman
Stock symbol
STX
Transactions as of
May 20, 2021
Transactions value $
-$33,693
Form type
4
Date filed
5/24/2021, 04:11 PM
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +1.01K +128.94% $0.00 1.79K May 20, 2021 Direct
transaction STX Ordinary Shares Tax liability -$33.7K -348 -19.46% $96.82 1.44K May 20, 2021 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 -1.01K -24.99% $0.00 3.02K May 20, 2021 Ordinary Shares 1.01K 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 Restricted Share Units ("RSUs").
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 plc 2012 Equity Incentive Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on May 20, 2021 and each one-year anniversary thereafter.

Remarks:

Exhibit 24 - Power of Attorney attached hereto.