SEC Form 4 · accession 0001137789-18-000058
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D Mosley
Officer — Chief Executive Officer · Director
Period of report
Sep 10, 2018
Accepted (ET)
Sep 12, 2018 · 9:08 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,F2 | Sep 11, 2018 | F | 8,350 | $0.00 | D | 195,659 | 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 Option GrantF3 | $50.29 | Sep 10, 2018 | A | 141,785 | A | — | Sep 10, 2025 | Ordinary Shares | 141,785 | 141,785 | D |
Explanation of responses
- F1These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3.
- F2The number of shares held following the reported transaction has been decreased by one share due to an administrative error.
- F3Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options will vest on September 10, 2019. The remaining options will vest in equal monthly installments over the 36 months following September 10, 2019.