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Seagate Technology — Director's Dealing 2023
Nov 30, 2023
9954_dirs_2023-11-30_8017d9bb-5203-4511-947e-e9785d9632dc.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: 2023-11-29
Reporting Person: Romano Gianluca (EVP & CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-29 | Ordinary Shares | M | 28791 | $45.89 | Acquired | 92182 | Direct |
| 2023-11-29 | Ordinary Shares | M | 16125 | $46.23 | Acquired | 108307 | Direct |
| 2023-11-29 | Ordinary Shares | M | 16979 | $54.78 | Acquired | 125286 | Direct |
| 2023-11-29 | Ordinary Shares | S | 24600 | $79 | Disposed | 100686 | Direct |
| 2023-11-29 | Ordinary Shares | S | 350 | $79.01 | Disposed | 100336 | Direct |
| 2023-11-29 | Ordinary Shares | S | 36945 | $79.03 | Disposed | 63391 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-29 | NQ Options | $45.89 | M | 28791 | Disposed | 2026-02-20 | Ordinary Shares (28791) | Direct |
| 2023-11-29 | NQ Options | $54.78 | M | 16979 | Disposed | 2026-09-09 | Ordinary Shares (16979) | Direct |
| 2023-11-29 | NQ Options | $46.23 | M | 16125 | Disposed | 2027-09-09 | Ordinary Shares (16125) | Direct |
Footnotes
F1: The option exercise and sale of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on May 26, 2023, by the Reporting Person.
F2: Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options will vest on February 20, 2020. The remaining options will vest in equal monthly installments over the 36 months following February 20, 2020.
F3: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 9, 2020. Subject to continuous employment, the remaining options vest in equal monthly installments over the 36 months following September 9, 2020.
F4: Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to continuous employment, one-quarter of the options will vest on September 9, 2021. The remaining options will vest in equal monthly installments over the 36 months following September 9, 2021.