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Seagate Technology — Director's Dealing 2022
Sep 14, 2022
9954_dirs_2022-09-13_815d7b67-8c44-42e9-b048-6f715338f22e.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: Teh Ban Seng (EVP, Global Sales & Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-09-10 | Ordinary Shares | M | 1785 | — | Acquired | 12535 | Direct |
| 2022-09-09 | Ordinary Shares | M | 2340 | — | Acquired | 14875 | Direct |
| 2022-09-09 | Ordinary Shares | M | 3464 | — | Acquired | 18339 | Direct |
| 2022-09-09 | Ordinary Shares | M | 1407 | — | Acquired | 19746 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-09-10 | Restricted Share Unit | $ | M | 1785 | Disposed | Ordinary Shares (1785.0) | Direct | |
| 2022-09-09 | Restricted Share Unit | $ | M | 2340 | Disposed | Ordinary Shares (2340.0) | Direct | |
| 2022-09-09 | Restricted Share Unit | $ | M | 3464 | Disposed | Ordinary Shares (3464.0) | Direct | |
| 2022-09-09 | Restricted Share Unit | $ | M | 1407 | Disposed | Ordinary Shares (1407.0) | Direct | |
| 2022-09-09 | NQ Options | $68.83 | A | 25560 | Acquired | Ordinary Shares (25560.0) | Direct | |
| 2022-09-09 | Restricted Share Unit | $0.0 | A | 3475 | Acquired | Ordinary Shares (3475.0) | Direct | |
| 2022-09-09 | Restricted Share Unit | $0.0 | A | 9585 | Acquired | Ordinary Shares (9585.0) | Direct |
Footnotes
F1: Includes 2 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: Each restricted share unit ("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 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 10, 2019 and each one-year anniversary thereafter.
F4: 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.
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: 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.
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 in full on September 9, 2023.
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 as to one-quarter of the shares on September 9, 2023 and each quarter thereafter.