SEC Form 4 · accession 0001137789-17-000069
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Adams
Director
Period of report
Oct 17, 2017
Accepted (ET)
Oct 19, 2017 · 7:03 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 | Oct 17, 2017 | M | 5,470 | $0.00 | A | 5,470 | D | |
| Ordinary SharesF1 | Oct 17, 2017 | F | 1,970 | $33.96 | D | 3,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF2,F3 | $0.00 | Oct 17, 2017 | M | 5,470 | D | — | — | Ordinary Shares | 5,470 | 0 | D |
| Restricted Share UnitF4 | $0.00 | Oct 18, 2017 | A | 8,094 | A | — | — | Ordinary Shares | 8,094 | 8,094 | D |
Explanation of responses
- F1These Ordinary Shares are withheld securities to cover tax liabilities.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one share of Issuer's common stock.
- F3This award vested on the date prior to the annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending June 30, 2017.
- F4Consists of a grant of restricted share units awarded to the Reporting Person under the Amended and Restated Seagate Technology plc 2012 Equity Incentive Plan for no consideration. Each restricted share unit represents a contingent right to receive one Ordinary Share of the Issuer. Subject to the Reporting Person's continuous service with the Issuer, shares will be released to the Reporting Person on the earlier of (i) one year from the date of grant and (ii) one day prior to the next annual general meeting of the shareholders of the Issuer following the end of the fiscal year ending on June 29, 2018.