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Seagate Technology Director's Dealing 2021

Sep 15, 2021

9954_dirs_2021-09-14_593e9756-0e47-4818-ba29-707a23ffaf45.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seagate Technology Holdings plc (STX)
CIK: 0001137789
Period of Report: 2021-09-09

Reporting Person: Naik Ravi (EVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-09-09 Ordinary Shares M 3847 Acquired 26199 Direct
2021-09-09 Ordinary Shares F 1908 $87.34 Disposed 24291 Direct
2021-09-09 Ordinary Shares M 2145 Acquired 26436 Direct
2021-09-09 Ordinary Shares F 1064 $87.34 Disposed 25372 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-09-09 Restricted Share Unit $ A 8045 Acquired Ordinary Shares (8045.0) Direct
2021-09-09 NQ Options $87.34 A 21460 Acquired Ordinary Shares (21460.0) Direct
2021-09-09 Restricted Share Unit $0.0 M 2145 Disposed Ordinary Shares (2145.0) Direct
2021-09-09 Restricted Share Unit $0.0 M 3847 Disposed Ordinary Shares (3847.0) Direct

Footnotes

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, 2022 and each one-year anniversary thereafter.

F4: 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 9, 2022, and the remaining options vest in equal monthly installments over the 36 months following September 9, 2022.

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, 2020 and each one-year anniversary thereafter.

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, 2021 and each one-year anniversary thereafter.