Jeffrey D. Nygaard - 01 Feb 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
02 Feb 2023, 18:59:29 UTC
Prior SEC filing
14 Sep 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Abraham S. Barrera, Attorney-in-Fact Jeffrey D. Nygaard

Key filing fact

Jeffrey D. Nygaard filed Form 4 for Seagate Technology Holdings plc (STX) on 02 Feb 2023.

Key facts

  • This page summarizes Jeffrey D. Nygaard's Form 4 filing for Seagate Technology Holdings plc (STX).
  • 10 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 02 Feb 2023, 18:59.

Change

  • Previous filing in this sequence was filed on 14 Sep 2022.
  • Current net transaction value: -$1,156,429.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

STX transaction

Ordinary Shares

Options Exercise

Transaction value
$272,639
Shares
+8,809
Change %
+29%
Price
$30.95
Shares after
39,169
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F2
STX transaction

Ordinary Shares

Sale

Transaction value
$219,008
Shares
-3,200
Change %
-8.2%
Price
$68.44
Shares after
35,969
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F3
STX transaction

Ordinary Shares

Sale

Transaction value
$158,559
Shares
-2,289
Change %
-6.4%
Price
$69.27
Shares after
33,680
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F4
STX transaction

Ordinary Shares

Sale

Transaction value
$222,741
Shares
-3,159
Change %
-9.4%
Price
$70.51
Shares after
30,521
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F5
STX transaction

Ordinary Shares

Sale

Transaction value
$11,439
Shares
-161
Change %
-0.53%
Price
$71.05
Shares after
30,360
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F6
STX transaction

Ordinary Shares

Options Exercise

Transaction value
$1,115,800
Shares
+28,000
Change %
+92%
Price
$39.85
Shares after
58,360
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1
STX transaction

Ordinary Shares

Sale

Transaction value
$951,440
Shares
-14,000
Change %
-24%
Price
$67.96
Shares after
44,360
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F7
STX transaction

Ordinary Shares

Sale

Transaction value
$981,680
Shares
-14,000
Change %
-32%
Price
$70.12
Shares after
30,360
Date
01 Feb 2023
Ownership
Direct
Footnotes
F1, F8
STX holding

Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
71,794
Date
01 Feb 2023
Ownership
Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

STX transaction Derivative

NQ Options

Options Exercise

Transaction value
$0
Shares
-8,809
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Feb 2023
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
8,809
Exercise price
$30.95
Footnotes
F1, F9
STX transaction Derivative

NQ Options

Options Exercise

Transaction value
$0
Shares
-28,000
Change %
-69%
Price
$0.000000
Shares after
12,301
Date
01 Feb 2023
Ownership
Direct
Underlying class
Ordinary Shares
Underlying amount
28,000
Exercise price
$39.85
Footnotes
F1, F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 10 footnotes

Footnote F1

The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

Footnote F2

Includes 249 Ordinary Shares purchased by Reporting Person on January 31, 2023 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.

Footnote F3

These Ordinary Shares were sold in multiple trades at prices ranging from $67.82 to $68.81. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F4

These Ordinary Shares were sold in multiple trades at prices ranging from $68.84 to $69.82. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F5

These Ordinary Shares were sold in multiple trades at prices ranging from $69.95 to $70.86. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F6

These Ordinary Shares were sold in multiple trades at prices ranging from $71.03 to $71.06. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F7

These Ordinary Shares were sold in multiple trades at prices ranging from $67.64 to $68.16. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F8

These Ordinary Shares were sold in multiple trades at prices ranging from $70.00 to $70.40. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.

Footnote F9

Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 11, 2017. The remaining options vested in equal monthly installments over the 36 months following September 11, 2017.

Footnote F10

Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter ofthe options vested on November 20, 2017. The remaining options vested in equal monthly installments over the 36 months following November 20, 2017.

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