SEC Form 4 · accession 0001209191-15-036968
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David H Morton Jr.
Officer — SVP, FINANCE, TREASURER & PAO
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 4:12 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 | Apr 27, 2015 | M | 3,657 | $11.155 | A | 20,728 | D | |
| Ordinary SharesF1 | Apr 27, 2015 | M | 1,313 | $29.87 | A | 22,041 | D | |
| Ordinary SharesF1 | Apr 27, 2015 | M | 1,013 | $40.16 | A | 23,054 | D | |
| Ordinary SharesF2,F1 | Apr 27, 2015 | S | 6,179 | $58.4246 | D | 16,875 | 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 OptionsF3 | $11.155 | Apr 27, 2015 | M | 3,657 | D | Sep 12, 2012 | Sep 12, 2018 | Ordinary Shares | 3,657 | 3,047 | D |
| NQ Stock OptionsF4 | $29.87 | Apr 27, 2015 | M | 1,313 | D | Sep 10, 2013 | Sep 10, 2019 | Ordinary Shares | 1,313 | 3,719 | D |
| NQ Stock OptionsF5 | $40.16 | Apr 27, 2015 | M | 1,013 | D | Sep 9, 2014 | Sep 9, 2020 | Ordinary Shares | 1,013 | 4,894 | D |
Explanation of responses
- F1Includes 196 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.
- F2These Ordinary Shares were sold in multiple transactions at sales prices ranging from $58.4200 to $58.4400, 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.
- F3Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four-year vesting schedule. One quarter of the option shares vested on September 12, 2012. The remaining option shares vest in equal monthly installments over the 36 months following September 12, 2012.
- F4Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. 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.
- F5Options granted to the Reporting Person under the Issuer's 2012 Equity Incentive Plan are subject to a four-year vesting schedule. 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.