SEC Form 4 · accession 0001137789-17-000054
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
Sep 13, 2017
Accepted (ET)
Sep 15, 2017 · 2:57 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 | Sep 13, 2017 | A | 2,156 | $0.00 | A | 34,596 | D | |
| Ordinary SharesF2 | Sep 13, 2017 | F | 1,126 | $0.00 | D | 33,470 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On September 13, 2017, the Compensation Committee of the Board of Directors of the Issuer determined that the performance conditions were met with respect to 2,156 of the 3,850 Performance Share Units granted to Mr. Morton on September 9, 2014. Achievement of performance objectives resulted in the Reporting Person earning Ordinary Shares in the amount of 56% of the Performance Share Units granted. The 2,156 Ordinary Shares vested on September 13, 2017.
- F2These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Performance Share Units in accordance with Rule 16b-3.