SEC Form 4 · accession 0001137789-16-000031
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Re
Officer — SVP & CTO
Period of report
Aug 24, 2016
Accepted (ET)
Aug 26, 2016 · 4:53 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001137789
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Aug 24, 2016 | M | 8,897 | $11.155 | A | 65,520 | D | |
| Ordinary SharesF1 | Aug 24, 2016 | S | 12,750 | $31.8436 | D | 52,770 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock OptionsF2 | $11.155 | Aug 24, 2016 | M | 8,897 | D | Sep 12, 2012 | Sep 12, 2018 | Ordinary Shares | 8,897 | 3,403 | D |
Explanation of responses
- F1These Ordinary Shares were sold in multiple transactions at sales prices ranging from $31.84 to $31.86, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the footnote of this Form 4.
- F2Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 12, 2012. The remaining option shares vested in equal monthly installments over the 36 months following September 12, 2012.