SEC Form 4 · accession 0001137789-18-000083
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward J Zander
Director
Period of report
Oct 18, 2018
Accepted (ET)
Oct 22, 2018 · 6:06 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 18, 2018 | M | 8,094 | $0.00 | A | 8,094 | D | |
| Ordinary SharesF1,F2 | Oct 18, 2018 | F | 2,914 | $43.76 | D | 42,795 | I | The Edward and Mona Zander Trust dtd 4/19/93 |
| Ordinary SharesF3 | holding | — | — | — | 16,698 | I | Zanadu Capital Partners, L.P. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF4 | $0.00 | Oct 18, 2018 | M | 8,094 | D | — | — | Ordinary Shares | 8,094 | 0 | D |
Explanation of responses
- F1These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
- F2On October 19, 2018, the Reporting Person transferred 5,180 Ordinary Shares previously owned directly (8,094 Ordinary Shares vested on October 18, 2018 minus 2,914 Ordinary Shares withheld to cover tax liabilities) to The Edward and Mona Zander Trust dtd 4/19/93.
- F3These shares are held by Zanadu Capital Partners, L.P. (the "Partnership"), and the number reported reflects the aggregate number of shares held by the Partnership. The Reporting Person is a general partner of the Partnership. The Reporting Person disclaims beneficial ownership in the shares held by the Partnership except to the extent of his pecuniary interest therein.
- F4Each RSU represents a contingent right to receive one Ordinary Share of the Issuer. This award vested one year from the date of grant.