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Seagate Technology Director's Dealing 2021

Sep 14, 2021

9954_dirs_2021-09-14_78124194-6d7b-436c-9524-8c63aa60971b.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: 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.