EDWARD J. ZANDER - 20 Oct 2021 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Jamie Amentler, Attorney-in-Fact for Edward J. Zander
Issuer symbol
STX
Transactions as of
20 Oct 2021
Net transactions value
-$169,516
Form type
4
Filing time
22 Oct 2021, 20:05:12 UTC
Previous filing
14 Jun 2021
Next filing
24 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STX Ordinary Shares Options Exercise $0 +5,847 $0.000000 5,847 20 Oct 2021 Direct
transaction STX Ordinary Shares Tax liability $169,516 -2,105 -4.8% $80.53 41,357 20 Oct 2021 The Edward and Mona Zander Trust dtd 4/19/93 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 -5,847 -100% $0.000000* 0 20 Oct 2021 Ordinary Shares 5,847 $0.000000 Direct F2
transaction STX Restricted Share Unit Award $0 +3,162 $0.000000 3,162 20 Oct 2021 Ordinary Shares 3,162 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 20, 2021, the Reporting Person transferred 3,742 Ordinary Shares previously owned directly (5,847 Ordinary Shares vested on October 20, 2021 minus 2,105 Ordinary Shares withheld to cover tax liabilities) to The Edward and Mona Zander Trust dtd 4/19/93.
F2 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested on the date of the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending July 2, 2021.
F3 Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive 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 the shareholders of the Issuer following the end of the fiscal year ending on July 1, 2022 provided such annual general meeting is at least fifty (50) weeks after the immediately preceding fiscal year's annual general meeting.