EDWARD J. ZANDER - 20 Oct 2022 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
Director
Signature
/s/ Abraham S. Barrera, Attorney-in-Fact for Edward J. Zander
Issuer symbol
STX
Transactions as of
20 Oct 2022
Transactions value $
-$60,401
Form type
4
Filing time
24 Oct 2022, 19:30:54 UTC
Previous filing
22 Oct 2021
Next filing
24 Oct 2023
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 +3.16K $0.00 3.16K 20 Oct 2022 Direct F1
transaction STX Ordinary Shares Tax liability -$60.4K -1.14K -100% $53.03 0 20 Oct 2022 Direct F2
holding STX Ordinary Shares 43.4K 20 Oct 2022 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 -3.16K -100% $0.00* 0 20 Oct 2022 Ordinary Shares 3.16K $0.00 Direct F3
transaction STX Restricted Share Unit Award $0 +3.8K $0.00 3.8K 24 Oct 2022 Ordinary Shares 3.8K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 20, 2022, the Reporting Person transferred 2,023 Ordinary Shares previously owned directly (3,162 Ordinary Shares vested on October 20, 2022 minus 1,139 Ordinary Shares withheld to cover taxliabilities) to The Edward and Mona Zander Trust dtd 4/19/93.
F2 These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
F3 Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. The award vested one year from the date of grant following the end of the fiscal year ending July 1, 2022.
F4 Consists of a grant of restricted share units (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 shareholders of the Issuer following the end of the fiscal year ending on June 30, 2023, 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