SEC Form 4 · accession 0001209191-15-013638
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth M Massaroni
Officer — EVP,General Counsel, CAO
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 4:54 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 SharesF1 | Feb 12, 2015 | M | 9,250 | $11.065 | A | 136,819 | D | |
| Ordinary SharesF1 | Feb 12, 2015 | S | 9,250 | $61.4435 | D | 127,569 | 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 | $11.065 | Feb 12, 2015 | M | 9,250 | D | Sep 13, 2011 | Sep 13, 2017 | Ordinary Shares | 9,250 | 0 | D |
Explanation of responses
- F1Includes 123 Ordinary Shares purchased by the Reporting Person on January 30, 2015 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 Issuer's 2001 Stock Option Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 13, 2011. The remaining option shares vested in equal monthly installments over the 36 months following September 13, 2011.