SEC Form 4 · accession 0001137789-17-000040
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Morton Jr.
Officer — EVP & CFO
Period of report
Jul 24, 2017
Accepted (ET)
Jul 26, 2017 · 6:44 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 SharesF1,F2 | Jul 24, 2017 | A | 20,000 | $0.00 | A | 29,539 | D | |
| Ordinary SharesF3 | Jul 24, 2017 | A | 9,943 | $0.00 | A | 39,482 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On July 24, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 20,000 of the 30,000 Threshold Performance Share Units granted to Mr. Morton on February 20, 2015. The 20,000 Ordinary Shares will vest on February 20, 2018, subject to continuous service through such date.
- F2Includes 476 Ordinary Shares purchased by the Reporting Person on January 31, 2017 under the Issuer's Employee Stock Purchase Plan. Such acquisition is exempt from reporting pursuant to Rule 16b-3 under the Securities Exchange Act of 1934.
- F3On July 24, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 9,943 of the 39,772 Threshold Performance Share Units granted to Mr. Morton on September 9, 2016. The 9,943 Ordinary Shares will vest on September 9, 2017, subject to continuous service through such date.