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Seagate Technology Director's Dealing 2022

Sep 14, 2022

9954_dirs_2022-09-13_6eece706-dd9f-4f91-b072-f3162244b536.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: 2022-09-09

Reporting Person: Naik Ravi (EVP & CIO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-09-09 Ordinary Shares M 2145 Acquired 31297 Direct
2022-09-09 Ordinary Shares F 742 $68.83 Disposed 30555 Direct
2022-09-09 Ordinary Shares M 3847 Acquired 34402 Direct
2022-09-09 Ordinary Shares F 1858 $68.83 Disposed 32544 Direct
2022-09-09 Ordinary Shares M 2011 Acquired 34555 Direct
2022-09-09 Ordinary Shares F 998 $68.83 Disposed 33557 Direct
2022-09-10 Ordinary Shares M 3333 Acquired 36890 Direct
2022-09-10 Ordinary Shares F 1653 $68.83 Disposed 35237 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-09-09 Restricted Share Unit $ M 2145 Disposed Ordinary Shares (2145.0) Direct
2022-09-09 Restricted Share Unit $0.0 M 3847 Disposed Ordinary Shares (3847.0) Direct
2022-09-09 Restricted Share Unit $0.0 M 2011 Disposed Ordinary Shares (2011.0) Direct
2022-09-10 Restricted Share Unit $0.0 M 3333 Disposed Ordinary Shares (3333.0) Direct
2022-09-09 Restricted Share Unit $0.0 A 9585 Acquired Ordinary Shares (9585.0) Direct
2022-09-09 Restricted Share Unit $0.0 A 3005 Acquired Ordinary Shares (3005.0) Direct
2022-09-09 NQ Options $68.83 A 25560 Acquired Ordinary Shares (25560.0) Direct

Footnotes

F1: Includes 19 Ordinary Shares purchased by Reporting Person on July 29, 2022 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 Restricted Share Units ("RSUs").

F3: Each 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 (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.

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, 2021 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, 2022 and each one-year anniversary 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 10, 2019 and each one-year anniversary thereafter.

F8: 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 each quarter thereafter.

F9: 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.

F10: 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, 2023 and the remaining options vest in equal monthly installments over the 36 months following September 9, 2023.