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Seagate Technology — Director's Dealing 2024
Sep 11, 2024
9954_dirs_2024-09-11_cb8f098d-22ab-4c94-bb52-c14625b341db.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: 2024-09-09
Reporting Person: Morris John Christopher (SVP & CTO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-09-09 | Ordinary Shares | M | 3848 | — | Acquired | 16360 | Direct |
| 2024-09-09 | Ordinary Shares | F | 1178 | $101.34 | Disposed | 15182 | Direct |
| 2024-09-09 | Ordinary Shares | M | 1885 | — | Acquired | 17067 | Direct |
| 2024-09-09 | Ordinary Shares | F | 577 | $101.34 | Disposed | 16490 | Direct |
| 2024-09-09 | Ordinary Shares | M | 499 | — | Acquired | 16989 | Direct |
| 2024-09-09 | Ordinary Shares | F | 153 | $101.34 | Disposed | 16836 | Direct |
| 2024-09-10 | Ordinary Shares | S | 9414 | $101.27 | Disposed | 7422 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-09-09 | Restricted Share Unit | $0 | M | 3848 | Disposed | Ordinary Shares (3848) | Direct | |
| 2024-09-09 | Restricted Share Unit | $0 | M | 1885 | Disposed | Ordinary Shares (1885) | Direct | |
| 2024-09-09 | Restricted Share Unit | $0 | M | 499 | Disposed | Ordinary Shares (499) | Direct | |
| 2024-09-09 | Restricted Share Unit | $0 | A | 560 | Acquired | Ordinary Shares (560) | Direct | |
| 2024-09-09 | Restricted Share Unit | $0 | A | 10105 | Acquired | Ordinary Shares (10105) | Direct |
Footnotes
F1: Includes (i) 158 Ordinary Shares purchased by Reporting Person on January 31, 2024; and (ii) 169 Ordinary Shares purchased by Reporting Person on July 31, 2024, in each case, under the Issuer's Employee Stock Purchase Plan. Such acquisitions are exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
F2: These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of restricted share units previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
F3: These Ordinary Shares were sold under a Rule 10b5-1 trading plan adopted by the Reporting Person on February 6, 2024.
F4: Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. 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.
F5: Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. 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.
F6: Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9, 2023 and then in equal quarterly installments thereafter.
F7: Consists of a grant of RSUs awarded to the Reporting Person. Subject to the Reporting Person's continuous employment, 100% shall vest on September 9, 2025.
F8: Consists of a grant of RSUs awarded to the Reporting Person subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter shall vest starting on September 9, 2025 and the remaining portion shall vest in equal quarterly installments thereafter.