Gianluca Romano - 09 Sep 2023 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role: EVP & CFO
Signature: /s/ Steven M. Haines, Attorney-in-Fact for Gianluca Romano
Issuer symbol: STX
Transactions as of: 09 Sep 2023
Transactions value $: -$370,125
Form type: 4
Filing time: 12 Sep 2023, 21:27:59 UTC
Previous filing: 24 Feb 2023
Next filing: 19 Sep 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	+3,016	+4.57%	$0.000000	69,036	09 Sep 2023	Direct	F1
transaction	STX	Ordinary Shares	Tax liability	-$97,793	-1,496	-2.17%	$65.37	67,540	09 Sep 2023	Direct	F2
transaction	STX	Ordinary Shares	Options Exercise	$0	+4,570	+6.77%	$0.000000	72,110	09 Sep 2023	Direct
transaction	STX	Ordinary Shares	Tax liability	-$148,128	-2,266	-3.14%	$65.37	69,844	09 Sep 2023	Direct	F2
transaction	STX	Ordinary Shares	Options Exercise	$0	+3,832	+5.49%	$0.000000	73,676	09 Sep 2023	Direct
transaction	STX	Ordinary Shares	Tax liability	-$124,203	-1,900	-2.58%	$65.37	71,776	09 Sep 2023	Direct	F2

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	-3,016	-33.3%	$0.000000	6,033	09 Sep 2023	Ordinary Shares	3,016		Direct	F3, F4
transaction	STX	Restricted Share Unit	Options Exercise	$0	-4,570	-100%	$0.000000^*	0	09 Sep 2023	Ordinary Shares	4,570		Direct	F3, F5
transaction	STX	Restricted Share Unit	Options Exercise	$0	-3,832	-25%	$0.000000	11,498	09 Sep 2023	Ordinary Shares	3,832		Direct	F3, F6
transaction	STX	Restricted Share Unit	Award	$0	+27,115		$0.000000	27,115	11 Sep 2023	Ordinary Shares	27,115	$0.000000	Direct	F7
transaction	STX	NQ Options	Award	$0	+72,320		$0.000000	72,320	11 Sep 2023	Ordinary Shares	72,320	$64.31	Direct	F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 74 Ordinary Shares purchased by Reporting Person on July 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.
F2	These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F3	Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F4	Consists of a grant of RSUs awarded to the Reporting Person under the Seagate Technology Holdings plc 2022 Equity Incentive 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.
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 in full on September 9, 2023.
F6	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, 2023 and then in equal quarterly installments thereafter.
F7	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 11, 2024 and then in equal quarterly installments thereafter.
F8	Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options will vest on September 11, 2024 and the remaining options vest in equal monthly installments over the 36 months following September 11, 2024.