SEC Form 4 · accession 0001137789-18-000031
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey D. Nygaard
Officer — Executive Vice President
Period of report
May 14, 2018
Accepted (ET)
May 16, 2018 · 7:17 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 | May 14, 2018 | M | 2,188 | $29.87 | A | 2,188 | D | |
| Ordinary Shares | May 14, 2018 | S | 2,188 | $57.45 | D | 0 | D | |
| Ordinary SharesF1 | holding | — | — | — | 23,612 | I | Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009 |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock OptionF2 | $29.87 | May 14, 2018 | M | 2,188 | D | Sep 10, 2013 | Sep 10, 2019 | Ordinary Shares | 2,188 | 0 | D |
Explanation of responses
- F1Includes 479 Ordinary Shares purchased by Reporting Person on January 31, 2018 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.
- 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. One quarter of the options vested on September 10, 2013. The remaining options vested in equal monthly installments over the 36 months following September 10, 2013.