SEC Form 4 · accession 0001209191-15-070424
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen J Luczo
Officer — Chairman and CEO · Director
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 9:24 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 | holding | — | — | — | 76,950 | D | ||
| Ordinary SharesF1 | holding | — | — | — | 1,174,107 | I | Stephen J Luczo Revocable Trust |
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 | $50.10 | Sep 9, 2015 | A | 194,384 | A | Sep 9, 2016 | Sep 9, 2022 | Ordinary Shares | 194,384 | 194,384 | D |
Explanation of responses
- F1On August 6, 2015, the Reporting Person transferred 67,917 Ordinary Shares previously owned directly to the Stephen J Luczo Revocable Trust dated January 26, 2001.
- 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 will vest on September 9, 2016. The remaining option shares will vest in equal monthly installments over the 36 months following September 9, 2016.