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Seagate Technology — Director's Dealing 2023
Sep 5, 2023
9954_dirs_2023-09-05_c564cd37-7115-4411-bcaf-3dff3ec899a9.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: 2023-08-31
Reporting Person: MOSLEY WILLIAM D (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-08-31 | Ordinary Shares | M | 100000 | $36.09 | Acquired | 716309 | Direct |
| 2023-08-31 | Ordinary Shares | S | 5613 | $69.3415 | Disposed | 710696 | Direct |
| 2023-08-31 | Ordinary Shares | S | 53990 | $70.352 | Disposed | 656706 | Direct |
| 2023-08-31 | Ordinary Shares | S | 40397 | $70.8137 | Disposed | 616309 | Direct |
| 2023-08-31 | Ordinary Shares | M | 100000 | $30.95 | Acquired | 716309 | Direct |
| 2023-08-31 | Ordinary Shares | S | 100000 | $70.0772 | Disposed | 616309 | Direct |
| 2023-09-01 | Ordinary Shares | M | 98860 | $36.09 | Acquired | 715169 | Direct |
| 2023-09-01 | Ordinary Shares | S | 16607 | $71.3967 | Disposed | 698562 | Direct |
| 2023-09-01 | Ordinary Shares | S | 13791 | $72.2937 | Disposed | 684771 | Direct |
| 2023-09-01 | Ordinary Shares | S | 62857 | $73.4483 | Disposed | 621914 | Direct |
| 2023-09-01 | Ordinary Shares | S | 5605 | $74.0076 | Disposed | 616309 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-08-31 | NQ Options | $36.09 | M | 100000 | Disposed | 2023-09-09 | Ordinary Shares (100000.0) | Direct |
| 2023-08-31 | NQ Options | $30.95 | M | 100000 | Disposed | 2024-09-11 | Ordinary Shares (100000.0) | Direct |
| 2023-09-01 | NQ Options | $36.09 | M | 98860 | Disposed | 2023-09-09 | Ordinary Shares (98860.0) | Direct |
Footnotes
F1: The option exercises 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: Includes 314 Ordinary Shares purchased by Reporting Person on January 31, 2023 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under theSecurities Exchange Act of 1934.
F3: This number reflects the deduction of two shares due to an accounting error.
F4: These Ordinary Shares were sold in multiple trades at prices ranging from $68.70 to $69.69. 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.
F5: These Ordinary Shares were sold in multiple trades at prices ranging from $69.70 to $70.70. 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.
F6: These Ordinary Shares were sold in multiple trades at prices ranging from $70.70 to $70.94. 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.
F7: These Ordinary Shares were sold in multiple trades at prices ranging from $70.00 to $70.39. 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.
F8: These Ordinary Shares were sold in multiple trades at prices ranging from $70.77 to $71.76. 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.
F9: These Ordinary Shares were sold in multiple trades at prices ranging from $71.77 to $72.73. 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.
F10: These Ordinary Shares were sold in multiple trades at prices ranging from $72.80 to $73.79. 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.
F11: These Ordinary Shares were sold in multiple trades at prices ranging from $73.81 to $74.40. 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.
F12: Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. One quarter of the options vested on September 11, 2018, the remaining options vested in equal monthly installments over the 36 months following September 11, 2018.
F13: Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. 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.