SEC Form 4 · accession 0001749197-18-000006
Seagate Technology Holdings plc · STX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Geraldine Hottier-Fayon
Officer — Interim Prin. Accounting Ofcr
Period of report
Sep 10, 2018
Accepted (ET)
Sep 12, 2018 · 8:50 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 | Sep 11, 2018 | M | 1,098 | $0.00 | A | 7,809 | D | |
| Ordinary SharesF1 | Sep 11, 2018 | F | 380 | $48.98 | D | 7,429 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitF2,F3 | — | Sep 11, 2018 | M | 1,098 | D | — | — | Ordinary Shares | 1,098 | 3,297 | D |
| Restricted Share UnitF2,F4 | — | Sep 10, 2018 | A | 4,972 | A | — | — | Ordinary Shares | 4,972 | 4,972 | D |
| Restricted Share UnitF2,F5 | $0.00 | Sep 10, 2018 | A | 5,220 | A | — | — | Ordinary Shares | 5,220 | 5,220 | D |
Explanation of responses
- F1These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of Restricted Share Units ("RSUs").
- F2Each RSU represents a contingent right to receive one Ordinary Share of the Issuer.
- F3The RSUs, originally granted to the Reporting Person under the Seagate Technology plc 2012 Equity Incentive Plan (the "Plan") for 4,395 shares, of which 1,098 shares have been released, vest as to one-quarter of the shares on September 11, 2018 and each one-year anniversary thereafter.
- F4Consists of a grant of RSUs awarded to the Reporting Person as a special equity award under the Plan in the amount of 4,972 shares. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.
- F5Consists of a grant of RSUs awarded to the Reporting Person under the Plan in the amount of 5,220 shares. Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 10, 2019 and each one-year anniversary thereafter.