Jeffrey D. Fochtman - 09 Sep 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
Issuer symbol
STX
Transactions as of
09 Sep 2021
Transactions value $
-$162,103
Form type
4
Filing time
14 Sep 2021, 10:58:40 UTC
Previous filing
24 May 2021
Next filing
14 Sep 2021
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 +1.52K +105.35% $0.00 2.96K 09 Sep 2021 Direct
transaction STX Ordinary Shares Tax liability -$45.9K -525 -17.75% $87.34 2.43K 09 Sep 2021 Direct F1
transaction STX Ordinary Shares Options Exercise $0 +3.85K +158.18% $0.00 6.28K 09 Sep 2021 Direct
transaction STX Ordinary Shares Tax liability -$116K -1.33K -21.2% $87.34 4.95K 09 Sep 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 -3.85K -25% $0.00 11.5K 09 Sep 2021 Ordinary Shares 3.85K Direct F2, F3
transaction STX Restricted Share Unit Options Exercise $0 -1.52K -33.32% $0.00 3.04K 09 Sep 2021 Ordinary Shares 1.52K Direct F2, F4
transaction STX Restricted Share Unit Award $0 +6.54K $0.00 6.54K 09 Sep 2021 Ordinary Shares 6.54K Direct F2, F5
* 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 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 Amended and Restated Seagate Technology Holdings plc 2012 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2020 and each one-year anniversary thereafter.
F4 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2019 and each one-year anniversary thereafter.
F5 Consists of a grant of RSUs awarded to the Reporting Person under the Plan. 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.