Gianluca Romano - Feb 20, 2025 Form 4 Insider Report for Seagate Technology Holdings plc (STX)

Role
EVP & CFO
Signature
/s/ Louis J. Thorson, Attorney-in-Fact for Gianluca Romano
Stock symbol
STX
Transactions as of
Feb 20, 2025
Transactions value $
-$1,197,834
Form type
4
Date filed
2/24/2025, 04:55 PM
Previous filing
Jan 22, 2025
Next filing
Mar 10, 2025
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 +11.8K +24.74% $0.00 59.5K Feb 20, 2025 Direct F1
transaction STX Ordinary Shares Tax liability -$482K -4.7K -7.89% $102.64 54.8K Feb 20, 2025 Direct
transaction STX Ordinary Shares Options Exercise $0 +14K +25.61% $0.00 68.9K Feb 22, 2025 Direct
transaction STX Ordinary Shares Tax liability -$716K -7.1K -10.3% $100.85 61.8K Feb 22, 2025 Direct

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 Performance-Based Restricted Share Units Options Exercise $0 -11.8K -100% $0.00 0 Feb 20, 2025 Ordinary Shares 11.8K $0.00 Direct F2
transaction STX Restricted Share Unit Options Exercise $0 -14K -50% $0.00 14K Feb 22, 2025 Ordinary Shares 14K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 144 Ordinary Shares purchased by Reporting Person on January 31, 2025 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 On January 18, 2025 the Compensation and People Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to the 11,808 Performance Share Units granted to Mr. Romano on February 20, 2024. The 11,808 Ordinary Shares vested on February 20, 2025.
F3 Consists of a grant of Restricted Share Units ("RSU") 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 vested as to one-quarter of the shares on February 22, 2023, and each one year anniversary thereafter.