SEC Form 4 · accession 0001209191-15-036619
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David K Richarz
Officer — Executive Vice President,Sales
Period of report
Apr 24, 2015
Accepted (ET)
Apr 28, 2015 · 4:08 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 Shares | Apr 24, 2015 | M | 5,625 | $29.87 | A | 5,944 | D | |
| Ordinary Shares | Apr 24, 2015 | M | 2,000 | $40.16 | A | 7,944 | D | |
| Ordinary SharesF1 | Apr 24, 2015 | S | 7,625 | $58.1955 | D | 319 | 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 | $29.87 | Apr 24, 2015 | M | 5,625 | D | Sep 10, 2013 | Sep 10, 2019 | Ordinary Shares | 5,625 | 10,625 | D |
| NQ Stock OptionsF3 | $40.16 | Apr 24, 2015 | M | 2,000 | D | Sep 9, 2014 | Sep 9, 2020 | Ordinary Shares | 2,000 | 21,000 | D |
Explanation of responses
- F1These Ordinary Shares were sold in multiple transactions at sales prices ranging from $58.18 to $58.21, 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 ranges set forth in the footnote of this Form 4.
- F2Options 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 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 Issuer's 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.