SEC Form 4 · accession 0001137789-18-000022

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

Mar 5, 2018

Accepted (ET)

Mar 7, 2018 · 4:30 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
Ordinary Shares	Mar 5, 2018	M	2,407	$29.87	A	8,540	D
Ordinary Shares	Mar 5, 2018	M	4,894	$40.16	A	13,434	D
Ordinary Shares	Mar 5, 2018	M	15,452	$50.10	A	28,886	D
Ordinary Shares	Mar 5, 2018	M	12,389	$36.09	A	41,275	D
Ordinary Shares^F1	Mar 5, 2018	S	35,142	$55.00	D	6,133	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 Options^F2	$29.87	Mar 5, 2018	M	2,407	D	Sep 10, 2013	Sep 10, 2019	Ordinary Shares	2,407	0	D
NQ Stock Options^F3	$40.16	Mar 5, 2018	M	4,894	D	Sep 9, 2014	Sep 9, 2020	Ordinary Shares	4,894	0	D
NQ Stock Options^F4	$50.10	Mar 5, 2018	M	15,452	D	Sep 9, 2016	Sep 9, 2022	Ordinary Shares	15,452	10,125	D
NQ Stock Options^F5	$36.09	Mar 5, 2018	M	12,389	D	Sep 9, 2017	Sep 9, 2023	Ordinary Shares	12,389	96,013	D

Explanation of responses

F1These Ordinary Shares were sold in multiple transactions at sales prices ranging from $55.00 to $55.01, 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 Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 10, 2013. The remaining option shares vest in equal monthly installments over the 36 months following September 10, 2013.
F3Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2014. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2014.
F4Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2016. The remaining option shares vest in equal monthly installments over the 36 months following September 9, 2016.
F5Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the option shares vested on September 9, 2017. The remaining options shares vest in equal monthly installments over the 36 months following September 9, 2017.