Statement of Changes in Beneficial Ownership (4)
September 14 2021 - 10:58AM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Nygaard Jeffrey D. |
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc
[
STX
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) Executive Vice President |
(Last)
(First)
(Middle)
SEAGATE TECHNOLOGY HOLDINGS PLC, 47488 KATO ROAD |
3. Date of Earliest Transaction
(MM/DD/YYYY)
9/9/2021 |
(Street)
FREMONT, CA 94538
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Ordinary Shares | 9/9/2021 | | F | | 1587 (1) | D | $87.34 | 17768 | D | |
Ordinary Shares | 9/9/2021 | | F | | 1594 (1) | D | $87.34 | 16174 | D | |
Ordinary Shares | | | | | | | | 59133 | I | Jeffrey D. Nygaard Revocable Trust U/A Dated August 17, 2009 |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Restricted Share Unit | (2) | 9/9/2021 | | A | | 10460 | | (3) | (3) | Ordinary Shares | 10460.0 | $0 | 10460 | D | |
NQ Options | $87.34 | 9/9/2021 | | A | | 27900 | | (4) | (4) | Ordinary Shares | 27900.0 | $0 | 27900 | D | |
Explanation of Responses: |
(1) | These Ordinary Shares are withheld securities to cover tax liabilities incident to the vesting of securities previously reported on one or more Forms 4 by the Reporting Person in accordance with Rule 16b-3. |
(2) | Each restricted share unit ("RSU") represents a contingent right to receive one Ordinary Share of the Issuer. |
(3) | Consists of a grant of restricted share units awarded to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan (the "Plan"). Subject to the Reporting Person's continuous employment, such RSUs vest as to one-quarter of the shares on September 9. 2022 and each one-year anniversary thereafter. |
(4) | Options granted to the Reporting Person under the Plan are subject to a four-year vesting schedule. Subject to the Reporting Person's continuous employment, one quarter of the options will vest on September 9, 2022 and the remaining options will vest in equal monthly installments over the 36 months following September 9, 2022. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Nygaard Jeffrey D. SEAGATE TECHNOLOGY HOLDINGS PLC 47488 KATO ROAD FREMONT, CA 94538 |
|
| Executive Vice President |
|
Signatures
|
/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Nygaard | | 9/14/2021 |
**Signature of Reporting Person | Date |
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Seagate Technology (NASDAQ:STX)
Historical Stock Chart
From Apr 2023 to Apr 2024