AI assistant
Seagate Technology — Director's Dealing 2021
Sep 14, 2021
9954_dirs_2021-09-14_78124194-6d7b-436c-9524-8c63aa60971b.zip
Director's Dealing
Open in viewerOpens in your device viewer
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: Teh Ban Seng (EVP, Global Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-09-09 | Ordinary Shares | M | 2340 | — | Acquired | 7587 | Direct |
| 2021-09-09 | Ordinary Shares | M | 3463 | — | Acquired | 11050 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-09-09 | Restricted Share Unit | $ | M | 2340 | Disposed | Ordinary Shares (2340.0) | Direct | |
| 2021-09-09 | Restricted Share Unit | $ | M | 3463 | Disposed | Ordinary Shares (3463.0) | Direct | |
| 2021-09-09 | Restricted Share Unit | $ | A | 5630 | Acquired | Ordinary Shares (5630.0) | Direct | |
| 2021-09-09 | NQ Options | $87.34 | A | 15020 | Acquired | Ordinary Shares (15020.0) | Direct |
Footnotes
F1: Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer.
F2: 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, 2020 and each one year anniversary thereafter.
F3: 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.
F4: Consists of a grant of RSUs awarded to the Reporting Person under the Plan. Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. 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: 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.