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Seagate Technology — Director's Dealing 2022
Jul 27, 2022
9954_dirs_2022-07-26_65eb7cc3-8a29-48ed-bab0-66b50e300807.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: 2022-07-24
Reporting Person: Nygaard Jeffrey D. (EVP, Operations and Technology)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-24 | Ordinary Shares | A | 5965 | — | Acquired | 6156 | Direct |
| 2022-07-24 | Ordinary Shares | A | 3614 | — | Acquired | 9770 | Direct |
| 2022-07-24 | Ordinary Shares | A | 3629 | — | Acquired | 13399 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 71794 | Indirect |
Footnotes
F1: On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 5,965 of the 23,862 Threshold Performance Share Units granted to Mr. Nygaard on September 10, 2018. The 5,965 Ordinary Shares will vest on September 10, 2022, subject to continuous service through such date.
F2: Includes 191 Ordinary Shares purchased by Reporting Person on January 31, 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.
F3: On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,614 of the 14,458 Threshold Performance Share Units granted to Mr. Nygaard on September 9, 2019. The 3,614 Ordinary Shares will vest on September 9, 2022, subject to continuous service through such date.
F4: On July 24, 2022, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 3,629 of the 14,515 Threshold Performance Share Units granted to Mr. Nygaard on September 9, 2020. The 3,629 Ordinary Shares will vest on September 9, 2022, subject to continuous service through such date.
F5: On April 26, 2022, the Reporting Person transferred 191 Ordinary Shares previously owned directly to the Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009.