SEC Form 4 · accession 0001234677-18-000002
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James J Murphy
Officer — EVP, Sales & Marketing
Period of report
Aug 29, 2018
Accepted (ET)
Aug 31, 2018 · 5:24 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 | Aug 29, 2018 | M | 99 | $38.76 | A | 37,693 | D | |
| Ordinary SharesF1,F2 | Aug 29, 2018 | S | 509 | $56.60 | D | 37,441 | 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 Option GrantF3 | $38.76 | Aug 29, 2018 | M | 99 | D | Dec 20, 2017 | Dec 20, 2023 | Ordinary Shares | 99 | 386,674 | D |
Explanation of responses
- F1These Ordinary Shares were sold in multiple transactions at $56.60.
- F2Includes 257 Ordinary Shares purchased by Reporting Person on July 31, 2018 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.
- F3Options granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one-quarter of the options vest on December 20, 2017 . The remaining options vest in equal monthly installments over the 36 months following December 20, 2017.