Statement of Changes in Beneficial Ownership (4)
January 06 2022 - 6:20PM
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
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Nygaard Jeffrey D. |
2. Issuer Name and Ticker or Trading Symbol
Seagate Technology Holdings plc
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STX
]
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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)
1/5/2022 |
(Street)
FREMONT, CA 94538
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Ordinary Shares | 1/5/2022 | | M | | 3158 (1) | A | $36.09 | 15628 | D | |
Ordinary Shares | 1/5/2022 | | S | | 1231 (1) | D | $115.12 (2) | 14397 | D | |
Ordinary Shares | 1/5/2022 | | S | | 1927 (1) | D | $115.82 (3) | 12470 | 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)
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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 |
NQ Options | $36.09 | 1/5/2022 | | M | | | 3158 (1) | 9/9/2017 (4) | 9/9/2023 | Ordinary Shares | 3158.0 | $0 | 0 | D | |
Explanation of Responses: |
(1) | The option exercise and sales of Ordinary Shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person. |
(2) | These Ordinary Shares were sold in multiple trades at prices ranging from $114.33 to $115.32. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
(3) | These Ordinary Shares were sold in multiple trades at prices ranging from $115.42 to $116.21. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares and prices at which the transaction was effected. |
(4) | Options granted to the Reporting Person under the Seagate Technology Holdings plc 2012 Equity Incentive Plan are subject to a four-year vesting schedule. Subject to continuous employment, one quarter of the options vested on September 9, 2017. The remaining options vested in equal monthly installments over the 36 months following September 9, 2017. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Nygaard Jeffrey D. SEAGATE TECHNOLOGY HOLDINGS PLC 47488 KATO ROAD FREMONT, CA 94538 |
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| Executive Vice President |
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Signatures
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/s/ Jamie Amentler, Attorney-in-Fact for Jeffrey D. Nygaard. | | 1/6/2022 |
**Signature of Reporting Person | Date |
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