SEC Form 4 · accession 0001137789-18-000010
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
Jan 8, 2018
Accepted (ET)
Jan 10, 2018 · 7:47 pm EST
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 | Jan 8, 2018 | M | 40,263 | $36.09 | A | 65,824 | D | |
| Ordinary Shares | Jan 8, 2018 | S | 40,263 | $48.78 | D | 25,561 | 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 | $36.09 | Jan 8, 2018 | M | 40,263 | D | Sep 9, 2017 | Sep 9, 2023 | Ordinary Shares | 40,263 | 108,402 | D |
Explanation of responses
- F1These Ordinary Shares are being sold under a 10b5-1 Trading Plan adopted by the Reporting Person.
- F2Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2017. The remaining options shares vest in equal monthly installments over the 36 months following September 9, 2017.