SEC Form 4 · accession 0001209191-15-068220
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Re
Officer — SVP & Chief Technical Officer
Period of report
Aug 25, 2015
Accepted (ET)
Aug 27, 2015 · 4:34 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 | Aug 25, 2015 | M | 4,167 | $11.065 | A | 68,325 | D | |
| Ordinary Shares | Aug 25, 2015 | M | 56,000 | $13.365 | A | 124,325 | D | |
| Ordinary Shares | Aug 25, 2015 | M | 16,667 | $3.345 | A | 140,992 | D | |
| Ordinary Shares | Aug 25, 2015 | M | 38,500 | $11.155 | A | 179,492 | D | |
| Ordinary SharesF1 | Aug 25, 2015 | S | 115,334 | $48.7541 | D | 64,158 | 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 | Aug 25, 2015 | M | 4,167 | D | Sep 13, 2011 | Sep 13, 2017 | Ordinary Shares | 4,167 | 0 | D |
| NQ Stock OptionsF3 | $13.365 | Aug 25, 2015 | M | 56,000 | D | Mar 21, 2012 | Mar 21, 2018 | Ordinary Shares | 56,000 | 0 | D |
| NQ Stock OptionsF4 | $3.345 | Aug 25, 2015 | M | 16,667 | D | Sep 11, 2010 | Mar 6, 2016 | Ordinary Shares | 16,667 | 0 | D |
| NQ Stock OptionsF5 | $11.155 | Aug 25, 2015 | M | 38,500 | D | Sep 12, 2012 | Sep 12, 2018 | Ordinary Shares | 38,500 | 12,300 | D |
Explanation of responses
- F1These Ordinary Shares were sold in multiple transactions at sales prices ranging from $48.70 to $49.05, 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 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.
- 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 March 21, 2012. The remaining option shares vested in equal monthly installments over the 36 months following March 21, 2012.
- F4Options granted to the Reporting Person under the Issuer's 2004 Stock Compensation Plan are subject to a four and one half-year vesting schedule. One quarter of the option shares vested on September 11, 2010. The remaining option shares vested in equal monthly installments over the 36 months following September 11, 2010.
- F5Options 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 vested in equal monthly installments over the 36 months following September 12, 2012.