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Seagate Technology — Director's Dealing 2022
Jan 7, 2022
9954_dirs_2022-01-06_71739f06-558d-4573-a78f-0f7fd3012662.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: 2022-01-05
Reporting Person: Nygaard Jeffrey D. (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-05 | Ordinary Shares | M | 3158 | $36.09 | Acquired | 15628 | Direct |
| 2022-01-05 | Ordinary Shares | S | 1231 | $115.12 | Disposed | 14397 | Direct |
| 2022-01-05 | Ordinary Shares | S | 1927 | $115.82 | Disposed | 12470 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-05 | NQ Options | $36.09 | M | 3158 | Disposed | 2023-09-09 | Ordinary Shares (3158.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Ordinary Shares | 59133 | Indirect |
Footnotes
F1: The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2: These Ordinary Shares were sold in multiple trades at prices ranging from $114.33 to $115.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F3: These Ordinary Shares were sold in multiple trades at prices ranging from $115.42 to $116.21. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected.
F4: Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2017. The remaining options vested in equal monthly installments over the 36 months following September 9, 2017.